946 Linden Ave – Long Beach, CA
Religious and Educational
Situated on nearly an entire city block, the property is located at the intersection of Atlantic Ave and E 10th St in the city of Long Beach. The property’s immediate area contains over 93,000 people with an average household income of $56,391, and a median home value of $367,470. The population is diverse, and the Downtown Planning Districts (PD-30) offers more density than nearby districts within the City of Long Beach.
Downtown Long Beach continues to boom with new residential, commercial and civic developments planned and in progress. In the last year, the downtown area has seen tremendous growth with over 1,700 homes under construction and an additional 1,200+ planned residential units to be developed. Over 1.5M square feet of office product is under construction, with 52,852 square feet of retail and hospitality space concurrently underway.
The property is situated on approximately 1.84 Acres of land, with 2 structures totaling approx. 35,286 Square Feet. The entire site is comprised of 6 parcels, with 2 distinct zoning designations. The majority of the property is zoned LBI (Public Institutional), while a portion of the property is zoned R4 (Medium-Density Multifamily Residential).
Ownership is seeking a creative deal structure that would allow the church to remain on-site serving both the community and future development. Please call for more details concerning the owner’s objective.