Listing by: Ian Hand, Coldwell Banker Realty, 562-682-6780

0 Beds

n/a Full bath

n/aSqFt

Active

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.

Property Details
Price $995,000
Lot Size 200x130
Lot Size Area 26000
Lot Size Area Units Square Feet
Acres 0.5969
Property Type Land
Features Electricity Available,Natural Gas Available,Sewer Available,Water Available
Exterior Features Suburban,Suburban
Subdivision Memorial Heights (MH)
View Neighborhood
Lot Description Gentle Sloping,Lot 20000-39999 Sqft,Rectangular Lot,Treed Lot
Association Fee 0
Geographic Data
Directions Pasadena Ave, north of Spring; south of 31st St.
County Los Angeles
Latitude 33.812478
Longitude -118.186878
Market Area 9 - Poly High
Address Information
Address 3040 Pasadena Avenue, Long Beach, CA 90807
Postal Code 90807
City Long Beach
State CA
Country United States
Listing Information
Listing Office Coldwell Banker Realty
Listing Agent Ian Hand
Listing Agent Phone 562-682-6780
Attribution Contact 562-682-6780
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard,Trust
Ownership None
Virtual Tour URL https://s3.amazonaws.com/video.creativeedge.tv/755769-4.mp4
MLS Information
Days on market 25
MLS Status Active
Listing Date Nov 20, 2024
Listing Last Modified Dec 15, 2024
Tax ID 7207020022
MLS Area 9 - Poly High
MLS # PW24237327

This information is believed to be accurate, but without any warranty.
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