3040 Pasadena Avenue
Long Beach, CA 90807
0.60 acres | #PW24237327
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.
Property Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
- Lot DescriptionGentleSloping, RectangularLot, Trees
- SubdivisionMemorial Heights (MH)
- ViewNeighborhood
- CountyLos Angeles
- MLS #PW24237327
- MLS #PW24237327
- Property TypePurchase
- Original List Price$995,000
- Sewer InformationUnknown
- Acres0.5969
- Utility SourcePublic
- Cost995000
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ian Hand (#PWPHANDIAN)
Listing Office: Coldwell Banker Realty (#PW0065)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
