2
See all 2 photos
$995,000
Est. payment /mo
0.6 Acres Lot
Active
3040 Pasadena AVE Long Beach, CA 90807
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UPDATED:
12/15/2024 05:16 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24237327
Originating Board California Regional MLS
Lot Size 0.597 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning GSL,LY,LSR,TRE
Exterior
Fence Chain Link
Utilities Available Electricity - On Site
View Local/Neighborhood
Building
Lot Description Trees, Grade - Gently Sloped
Water District - Public
Others
Tax ID 7207020022
Special Listing Condition Not Applicable
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Listed by Ian Hand • Coldwell Banker Realty
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