3040 Pasadena Avenue

Long Beach, CA 90807

$995,000

For Sale

    Local Information

    About this home

    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.

    Home Highlights

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    $39
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    3 weeks ago

    Home Details for 3040, Pasadena Avenue

    Interior Features

    Appliances & Utilities

    • Utilities: Other Water/Sewer, Electricity Connected, Natural Gas Connected, Sewer On Site

    Exterior Features

    Parking & Garage

    • Garage: No Garage
    • Road Frontage: City Street
    • Road Surface: Paved

    Pool & Views

    • Private Pool: No Private Pool
    • Views: Other

    Water & Sewer

    • Water Source: Public

    Property Information

    Property Information

    • Parcel Number: 7207020022
    • Lot Size (sq ft): 26,000

    Property Type & Style

    • Type: Land
    • Subtype: Unimproved Land

    Location

    • Directions: Pasadena Ave, north of Spring;

    Listing Attribution

    • Agent Name: Ian Hand
    • Brokerage: Coldwell Banker Realty
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