$ 995,000
3040 Pasadena Avenue Long Beach, CA 90807
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ian Hand • Coldwell Banker Realty
$ 995,000
Est. payment /mo
New
3040 Pasadena Avenue Long Beach, CA 90807
0.6 Acres Lot
UPDATED:
11/21/2024 06:32 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Memorial Heights
MLS Listing ID PW-24237327
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 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.
Location
State CA
County Los Angeles
Zoning LBR1N
Exterior
Community Features Suburban
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N Yes
Building
Lot Description Gentle Sloping, Lot 20000-39999 Sqft, Rectangular Lot, Treed Lot
Sewer Unknown