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Exceptional multifamily development opportunity in the rapidly transforming Midtown area of Long Beach. This offering consists of two adjacent vacant parcels totaling approximately 12,981 square feet, commonly known as 1730 Long Beach Blvd. (APN 7269-021-020) and 318 E. Esther St. (APN 7269-021-019). The properties are located directly across from the Metro light rail station and are situated within the highly desirable SP1TN (Special Purpose Transit Node) zoning overlay and Midtown Specific Plan. The site presents a rare opportunity for a developer to capitalize on Long Beach's strong push for higher density and affordable housing development. Current zoning and transit oriented development incentives may allow for the development of approximately 60+ multifamily units, with potential upside through evolving state and local housing legislation, including SB 79 transit oriented housing incentives. The property benefits from exceptional accessibility and proximity to major employment and lifestyle drivers, including Downtown Long Beach, the Port of Long Beach, Long Beach Airport, St. Mary Medical Center, CSU Long Beach, shopping, dining, and major transportation corridors. The transit node designation may significantly reduce parking requirements, creating additional development efficiency and density potential. Long Beach continues to experience substantial public and private investment ahead of the 2028 Olympics, while the City remains under pressure to add significant new housing inventory. Developers may also benefit from various affordable housing grants, incentives, and financing programs offered by the City and State. Rare infill development sites with transit node zoning and this level of positioning are increasingly difficult to find in Southern California.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 5/28/2026 | Tract | Alamitos Beach (AB) |
|---|---|---|---|
| Year Built | 0 | Community | 4 - Downtown Area, Alamitos Beach |
| County | Los Angeles |
Additional Details
| AREA | 4 - Downtown Area, Alamitos Beach |
|---|---|
| LOT | 5911 sq ft |
| LOT DIMENSIONS | 5911 |
| SUBDIVISION | Alamitos Beach (AB) |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Neighborhood |
| WATER | Public |
Location
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Listed with Rubix Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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