$649,000

PRIME MIXED-USE DEVELOPMENT OPPORTUNITY LONG BEACH! Excellent investment and development opportunity located at 2153 E. Anaheim Street, Long Beach, CA 90804! This property features an existing 3-bedroom, 1-bathroom home with approximately 1,300 square feet of living space, situated on an expansive 8,276-square-foot lot with tremendous potential for future development. Ideally located along the bustling Anaheim Street corridor, this property is designated Mixed-Use 3-A Series Zone (MU-3-A), offering exciting possibilities for residential, commercial, and mixed-use development. This zoning is designed to accommodate higher-intensity uses that benefit from transit accessibility, pedestrian activity, and neighborhood-serving businesses. Potential uses may include multifamily residential housing, senior housing, group housing, mixed-use residential and commercial development, retail stores, grocery markets, restaurants, professional offices, medical offices, daycare facilities, and religious facilities, subject to applicable zoning regulations and City approvals. LIVE NOW, DEVELOP LATER! Buyers may have the opportunity to occupy the existing residence while exploring plans for additional residential units, commercial improvements, or a mixed-use development on the oversized lot. Whether you are an investor, developer, business owner, or homeowner looking to maximize the property's potential, this is a rare opportunity to acquire a versatile property in the growing Long Beach market. Endless possibilities with this large lot and flexible mixed-use zoning! Conveniently located near shopping, dining, public transportation, major thoroughfares, and other neighborhood amenities. Buyer and buyer's agent to independently verify all information, including zoning designation, permitted uses, development potential, density, setbacks, parking requirements, building restrictions, existing improvements, and permit requirements with the City of Long Beach Planning and Building Department. All proposed development and uses are subject to City review and approval.