Presenting a rare opportunity to acquire a large corner lot at 201-245 W Pacific Coast Highway, a high-traffic area with 3-sided street frontage, ideally situated just two miles from downtown Long Beach. Zoned CHW and SP-1-TN, this site offers flexibility for mixed-use development, including affordable housing. Located within a designated Opportunity Zone, investors can capitalize on substantial tax incentives, including deferred and potentially eliminated capital gains taxes, creating a compelling option for long-term real estate holdings.
Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.