For Sale
154 Elm Avenue
Long Beach, CA 90802
$3,850,000
Listed by Elena Tarasova, Douglas Elliman of California, Inc., Listing Broker
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growthand a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, withconvenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the GrandPrix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!
Property Details
Price History
| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Listed for sale | $3,850,000 |
| Feb 24, 2025 | SoldListed by Joshua Coburn, Chamberlain Real Estate | $1,620,000 |
| Dec 17, 2024 | Listed for sale | $1,895,000 |
From this listing and earlier sales of the home recorded in CRMLS. Not a complete public-records history.
Location
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Meet Kyle
Kyle Shutts

Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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