Property Details
About this Property
FOUR R1 LOTS This is a parcel of four contiguous lots on Pasadena Avenue, (lots 4,5,6 and 7), each 50' wide x 130' deep; giving a total area of 26,000 sq ft. The parcel is located close to the burgeoning Long Beach Memorial Hospital campus, a Salvation Army sporting complex and has nearby public transport, retail and freeway access. Each lot is currently zoned R1N but the City of Long Beach may be amenable to a proposal to develop additional dwellings. While located in an area currently used for oil production, many homes in the area were built two decades ago. One lot contains an abandoned oil well which ceased operation in the 70s and was certified as abandoned in 2000. A recent methane test showed zero emission, and a prescribed barrier installed. Documentation is available to prospective buyers. A recent survey identified an easement twenty feet in width for a future alley, which may be available as an additional 1000 sq ft to each lot. The land has been owned by the family more than six decades and offers a unique moment for residential development in a largely built out city.
MLS Listing Information
MLS #
CRPW24237327
MLS Source
California Regional MLS
Days on Site
32
Lots & Land Information
Fencing
ChainLink
Lot Description
Grade - Gently Sloped
Parking, School, and Other Information
HOA Fee
$0
Zoning
GSL, LY, LSR, TRE
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3040 Pasadena Ave is in Long Beach, CA 90807. This Land is currently priced at $995,000. This address can also be written as 3040 Pasadena Ave, Long Beach, CA 90807.
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This listing information is up-to-date as of December 15, 2024. For the most current information, please contact Ian Hand
