Colliers is pleased to present for sale the property commonly known as 335 Pacific Ave in the heart of Downtown Long Beach. Retained by the Owner as the exclusive advisors, Colliers is offering a rare opportunity to acquire a cash flowing covered land play with tremendous redevelopment potential in the immediate or mid term future. ' As it currently stands, 335 Pacific is cash flowing enough to not only off-set carrying costs but operate as an investment property yielding market returns. A buyer of this asset can use several methods to determine how to increase cash flow almost immediately upon purchase. Entitlements are in place for 141 total units with 110 of those being geared towards micro units. To fully maximize the value of the redevelopment potential, a Buyer of this property will have the opportunity to re-entitle the property to their choosing due to in place cash flow.