Downtown Area, Alamitos Beach (4) Land for Sale

Welcome to the vibrant and diverse Downtown Area and Alamitos Beach in Long Beach, CA, where the sun, sand, and city living converge to offer residents the best of both worlds.

The Downtown Area is a bustling hub of culture, entertainment, and commerce. From trendy boutiques and art galleries to top-rated restaurants and nightlife hotspots, this neighborhood has something for everyone. With its historic architecture and modern amenities, living in the Downtown Area provides a unique urban experience.

Just a stone's throw away lies Alamitos Beach, a coastal gem that offers a laid-back atmosphere and stunning ocean views. Residents can enjoy leisurely strolls along the boardwalk, picnics in the park, and water activities like paddleboarding and kayaking. The beach is also home to various events and festivals throughout the year, adding to the community's vibrant and welcoming spirit.

If you're looking to make this vibrant region your home, explore the available land for sale in Downtown Area and Alamitos Beach. Whether you're dreaming of building your custom beachfront retreat or investing in a prime piece of real estate, the opportunities are endless. Don't miss your chance to be a part of this dynamic and thriving community in Long Beach, CA.

Newest Downtown Area, Alamitos Beach (4) Land for Sale

$1,799,000

PW26190004 MLS

317 Elm Avenue presents a rare opportunity to acquire a truly hands-off, income-producing asset in the heart of Downtown Long Beach. Located directly across the alley from a major United States Postal Service facility, the 7,512-square-foot parking lot is leased to the USPS for truck parking. Beginning February 1, 2027, the property will generate $9,895.83 per month—or $118,750 annually—under a new five-year lease. The USPS is responsible for all property maintenance, providing the owner with predictable income and minimal day-to-day management. Competitively priced at a 5.3% cap rate, the property offers investors an attractive combination of reliable income, exceptional credit tenancy and minimal operating responsibility. Notably, with no viable alternative parking for their vehicles in the area, the USPS operates as a captive tenant—a dynamic that strengthens the likelihood of lease renewal and creates a compelling opportunity to negotiate extended terms beyond the initial five-year period if desired. Beyond its strong current cash flow, the property offers compelling long-term development potential. The parcel is located within Downtown Long Beach’s PD-30 zoning district, positioning it for a variety of future development possibilities. The five-year lease runway gives an investor time to evaluate, design and pursue entitlements for a future project while continuing to collect substantial rental income.

317 Elm, Long Beach

Listing courtesy of Listing Agent: Cody Charnell (cody@sageregroup.com) from Listing Office: Sage Real Estate Group, Inc..

$1,300,000

SR26115717 MLS

Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beach’s strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State. Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.

1730 Long Beach, Long Beach

Listing courtesy of Listing Agent: Aaron Berger (aaron@aaronbergerlaw.com) from Listing Office: Rubix Realty.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.