Long Beach, CA 90806 201 W Pacific Coast
$11,500,000
9 more
Presented By: Benny Huynh with Advance Estate Realty; 714-757-6283
Home Details
Welcome to 201-231-245 PCH, a premier real estate development project consists of 3 parcels combined strategically located in the thriving city of Long Beach. This meticulously planned mixed-use development offers investors and developers a rare opportunity to acquire a fully entitled project, eliminating entitlement risk and reducing carrying costs. Situated in an Opportunity Zone designation, 201-231-245 PCH provides significant tax advantages for long-term real estate investors, including the deferral and potential elimination of capital gains tax.
Key Features:
Existing supermarket on the first parcel and raw land for the 2 other parcels. Entitlements and Approved Plans: With entitlements secured and existing architectural plans in place, 201-231-245 PCH streamlines the development process, saving time and resources. Developers can seamlessly move forward with construction, maximizing efficiency and profitability.
Strategic Location: Nestled at the corner of Pacific Coast Hwy and Pacific Ave, 201-231-245 PCH enjoys prime visibility and accessibility in the heart of Long Beach. Spanning 1.59 acres across four parcels of land, the project offers ample space for residential and commercial development.
Mixed-Use Concept:
Boasting 182,000 sqft of residential and commercial spaces, 201-231-245 PCH features two/five-story multi-level mixed-use buildings. The residential component comprises 138 meticulously designed units, including a mix of studio, two-bedroom, and three-bedroom apartments, catering to diverse lifestyles and preferences.
Premium Amenities: Residents will enjoy an array of amenities, including a market & storage area, business center, fitness facilities, lobby, leasing office, and utility storage area. The project prioritizes convenience and quality of life, creating an exceptional living environment for tenants.
Parking Convenience: With four parking levels, including two levels of subterranean parking, 201-231-245 PCH offers ample parking spaces for residents and visitors. A total of 258 parking spaces, including provisions for electric vehicles and bicycle parking, enhance accessibility and sustainability.
Invest with Confident:
201-231-245 PCH presents a compelling investment opportunity for those seeking to capitalize on the booming real estate market in Long Beach. With entitlements secured, strategic location, and tax incentives within reach, this project promises long-term growth and profitability for investors.
Presented By: Benny Huynh with Advance Estate Realty; 714-757-6283
Interior Features for 201 W Pacific Coast
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 201 W Pacific Coast
Additional Parcels Description7209-022-900, 7209-022-023, 7209-022-028
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
CountyLos Angeles
Days on Market14
DirectionsPrime corner lot of Atantic/Pacific Coast Hwy.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet69260.0
MLS Area7 - North Long Beach
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NamePacific Coast
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1969
Exterior for 201 W Pacific Coast
Building Area Total2000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres1.59
Lot Size Area69260.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480