3040 Pasadena Avenue Long Beach, CA 90807
Listing Courtesy of: CRMLS / Long Beach / Ian Hand - Contact:  562-682-6780

  3040 Pasadena Avenue Long Beach, CA 90807

Active (32 Days)
$995,000

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.

MLS #:
PW24237327
Lot Size
0.6 acres
Type
Land
Views
Neighborhood
County
Los Angeles County
Community
Memorial Heights (Mh)

Listed By

Ian Hand, DRE #01453679 CA, Long Beach, Contact: 562-682-6780
Source
CRMLS
Last checked Dec 22 2024 at 4:23 PM GMT+0000
Bathroom Details
Subdivision
  • Memorial Heights (Mh)
Lot Information
  • Trees
  • Rectangular Lot
  • Gentle Sloping
Utility Information
  • Utilities: Water Source: Public, Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Sewer: Unknown
Additional Information: Long Beach | 562-682-6780
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.