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 in 2000'. 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. 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. 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.
MLS #
CRPW24237327
MLS Source
California Regional MLS
Days on Site
2
Fencing
ChainLink
Lot Description
Grade - Gently Sloped
HOA Fee
$0
Zoning
GSL, LY, LSR, TRE
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.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 21, 2024. For the most current information, please contact Ian Hand