1425 Elm , Long Beach, CA 90813
$599,000
Est. Payment: $3,108.08/mo
0.31 Acres
Status: active under contract | Days on site: 138
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House Description

Rare development opportunity in the heart of Long Beach. 1425 and 1429 Elm Avenue are two contiguous parcels being offered together and must be sold together. Both parcels are currently leased and occupied by the Long Beach Unified School District and are being sold as land only. Portable classroom/building structures currently located on the properties are tenant-owned personal property and are not included in the sale. Adding to the opportunity, 1403 Elm Avenue is also being offered for sale by the same owner as a separate transaction, creating the potential to acquire three parcels along the same street. Opportunities to assemble multiple parcels in an established Long Beach neighborhood are increasingly rare and can take years to put together. Whether 1425 and 1429 Elm are acquired for income with the existing tenancy or combined with the separately offered 1403 Elm Avenue as part of a larger assemblage for future redevelopment, this offering presents compelling long-term potential. Buyer to verify zoning, development possibilities, lease terms, parcel configurations, and all intended uses with the City of Long Beach.

Highlights

Listed by Amy Brick , 562-335-5269 Brick & Co Real Estate , 562-335-5269. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.31

County

Los Angeles

Area

9 - Poly High

Neighborhood

Poly High (PH)

Listing ID

DW26117410

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Yard,No Land Lease
Zoning:unknown
Principal Interest
$3,108
Taxes
$382

Home Price

$599,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,108.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,108.08 $381.86 $0.00 $3,489.94
Yearly $37,296.98 $4,582.35 $0.00 $41,879.33
Total $1,118,909.55 $137,470.50 $0.00 $1,256,380.05

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T15:32:40.000Z

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