317 Elm
Long Beach, CA 90802
7,512Sqft(Lot)
317 Elm Avenue presents a rare opportunity to acquire a truly hands-off, income-producing asset in the heart of Downtown Long Beach. Located directly across the alley from a major United States Postal Service facility, the 7,512-square-foot parking lot is leased to the USPS for truck parking. Beginning February 1, 2027, the property will generate $9,895.83 per month—or $118,750 annually—under a new five-year lease. The USPS is responsible for all property maintenance, providing the owner with predictable income and minimal day-to-day management. Competitively priced at a 5.3% cap rate, the property offers investors an attractive combination of reliable income, exceptional credit tenancy and minimal operating responsibility. Notably, with no viable alternative parking for their vehicles in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Lot Information
Main Square Feet: 7512 Lot Size Acres: 0.1725 Lot Size Source: Assessor Lot Size Square Feet: 7,512 Lot Description: RectangularLotProperty Information
Subdivision: Downtown (DT) Source Property Type: Land
-
Listing Price Information
Listing Price: $1799000Cash, CashToNewLoan
-
Tax Information
Parcel Number: 7281009009 Tax Lot: 23 Tax Block: 78
-
Utility Information
Other -
Location Information
Direction: on the corner of 3rd and Elm WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Similar Land To 317 Elm
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/03/2026 @ 17:28
More Cities with for Sale by Owner Homes
- Long Beach Homes For Sale By Owner
- Signal Hill Homes For Sale By Owner
- Wilmington Homes For Sale By Owner
- Carson Homes For Sale By Owner
- Lakewood Homes For Sale By Owner
- Seal Beach Homes For Sale By Owner
- Hawaiian Gardens Homes For Sale By Owner
- Harbor City Homes For Sale By Owner
- San Pedro Homes For Sale By Owner
- Surfside Homes For Sale By Owner
- Los Alamitos Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Lomita Homes For Sale By Owner
- Sunset Beach Homes For Sale By Owner
- Torrance Homes For Sale By Owner
- Bellflower Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Artesia Homes For Sale By Owner
- Cypress Homes For Sale By Owner
- Rolling Hills Homes For Sale By Owner
Homes around $1,799,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.