Contacts

Shane Young

Young Lewin Advisors

Property Details

Property Type VacantLand
Lot Size 0.13 Acre
Additional Rent Contact for pricing
Date Updated Oct 31, 2024

Long Beach's arts district, East Village is a downtown hub for independent boutiques, restaurants, art museums, and more amidst unique Art Deco architecture. The most expansive district in downtown Long Beach, the East Village is home to over 50 locally owned and operated small businesses.Young Lewin Advisors, Inc. is pleased to present the opportunity to acquire 434 E 3rd Street, a versatile property that is in the heart of Downtown Long Beach's East Village Arts District. The property benefits from 18ft ceilings with exterior shear walls and onsite parking with a curb cut and roll-up garage. The property can be stabilized and leased as a rental, purchased for an owner user (which is its current use) or it can be entitled and developed into a multifamily or mixed use property. With the ability to divide the space into multiple units or raze the site, potential uses include retail, office, multifamily, mixed use, live/work lofts, and more. 434 E 3rd Street benefits from Long Beach's most desirable zoning - LBPD30. There is an 80ft height limit with a 4.0 FAR and no parking requirements. The property is also in an opportunity zone. It is rare to see such a low price point for properties situated on large lots in Downtown Long Beach's most desirable East Village Arts District.

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Highlights

Owner User, Adaptive Reuse, and/or Development
18 Foot Clear Height with Exterior Shear Walls
Desirable Corner Lot with Onsite Parking & Roll-up Door Access
Located in an Opportunity Zone & Zoned PD-30 (80ft Height Limit and 4.0 FAR)
Currently Owner Occupied - Half Storage & Half Personal Residence

Getting around

98/100
Walk Score ®
75/100
Transit Score ®
91/100
Bike Score ®

Powered by Walk Score ®

City Long Beach, CA
Neighborhood East Village
Zip Code 90802
Market Los Angeles

Points of Interest

5th Street

0.27 miles
Pacific Avenue

0.43 miles
Anaheim Street

0.82 miles
Pacific Coast Highway

1.33 miles
Wardlow

3.47 miles
Del Amo

5.54 miles

Chevron

0.29 miles
Shell

0.35 miles
USA gas

0.51 miles
76

0.76 miles
Speedway Express

0.90 miles
Arco

1.39 miles
eVgo

2.45 miles
Blink Charging Station

2.99 miles
ChargePoint

4.40 miles
EVgo

6.22 miles

Parking structure

0.27 miles
parking structure

0.30 miles
Parking structure (for courthouse)

0.69 miles
Public Parking

0.97 miles
Long Beach Transit

1.35 miles
Lot 1

1.55 miles
Lot 2

1.60 miles
P2

1.61 miles
Lot 7 staff

1.63 miles
Lot 3 Staff

1.63 miles

Hotel Royal

0.05 miles
Bay Hotel

0.06 miles
City Center Motel

0.07 miles
The Inn of Long Beach

0.12 miles
BEST WESTERN PLUS Hotel at the Convention Center

0.14 miles
Courtyard Long Beach Downtown

0.19 miles
Travelodge Convention Center

0.22 miles
Hotel Mai

0.23 miles
Westin

0.23 miles
Rodeway Inn Long Beach Convention Center

0.24 miles

Vons

0.15 miles
El Super

0.17 miles
Ross

0.23 miles
La Vista Market Carniceria

0.59 miles
Superior Grocers

0.69 miles
Kim Long Market

0.82 miles
Smart & Final

0.90 miles
ALDI

0.93 miles
Northgate Market

1.26 miles
Big Saver Food

1.32 miles

In-Depth Research Available for this Property

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434 East 3rd Street