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Acquisition Complete - 12,000+ sqft in East Village Long Beach

Lujan/Merriman Development Group is proud to announce the completion of its two-leg acquisition (the Elm parking lot and adjacent apartment building) in downtown Long Beach off of Broadway & Elm in the historic 'East Village Arts District'.  The site represents over 12,000 sqft of developable space in an area zoned high-density development.  The acquisition marks a strong start to the 2018 year.

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East Village Apartment Building

This historic apartment building is nearly 4,000 square feet and strategically located in the heart of the East Village District of Long Beach, CA

East Village Parking Lot

At more than 8,000 sqft, this parcel offers 30 parking spaces and is currently being fully rented to a nearby hotel while additional parking opportunities are being explored.
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The East Village

The combined site is over 12,000 square feet of developable space in an area zoned high-density development.

 The location is also two blocks from the ocean and situated directly across the street from the renowned 'Acres of Books' landmark and sits directly in the center of the city's most iconic corridor 'The Broadway - Elm - Linden Corridor' 

Long Beach Development

The streets of the East Village are lined with designer shops, art galleries, coffee shops, breweries, and is home to dynamic development.  

The city of Long Beach recently approved 'The Broadway Development' (a mega project), located directly across the street from LMDG's recent acquisition. 

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Aaron Merriman and Aaron Lujan have a proven 12-year track record of doing value-add real estate investing.  Investors receive a 9% annual rate of return, paid quarterly with no fees*. Please contact us if you would like more information on this project or learning more about investing with LMDG.  We have investment options for both cash and IRA investors.

Lujan/Merriman Development Group

5050 E. 2nd Street #14806 Long Beach CA 90853 United States

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