3040 Pasadena Avenue, Long Beach, CA 90807
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Listed Price :
$995,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
3040 Pasadena Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90807 |
| County |
Los Angeles |
| Listing Agent |
Ian Hand DRE #01453679 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$995,000 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
26,000 |
Listing information courtesy of: Ian Hand, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 15th, 2024 at 10:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
