Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90807 3040 Pasadena Avenue

Pending
3040 Pasadena Avenue Long Beach, CA - Image 1
Presented By: Ian Hand with Coldwell Banker Realty; 562-682-6780
  • MLS# PW24237327
  • 11/20/2024
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Home Details

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.
Presented By: Ian Hand with Coldwell Banker Realty; 562-682-6780

Interior Features for 3040 Pasadena Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 3040 Pasadena Avenue

Additional Parcels Description7207-020-020, 7207-020-021
Additional Parcels Y/NYes
Attached Garage No
Carport Y/NNo
CityLong Beach
Community FeaturesSuburban
CountyLos Angeles
Current FinancingNone
DirectionsPasadena Ave, north of Spring; south of 31st St.
DisclosuresCautionsCallAgent
Electric On Property Y/NNo
ExclusionsOil and mineral rights.
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan
Lot Size Square Feet26000.0
Lot Size UnitsSquareFeet
MLS Area9 - Poly High
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard, Trust
Standard StatusPending
StatusPending
Subdivision NameMemorial Heights (MH)
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
ViewNeighborhood
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
ZoningLBR1N

Exterior for 3040 Pasadena Avenue

Crops Included Y/NNo
FencingChainLink
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions200x130
Lot FeaturesGentleSloping, RectangularLot, Trees
Lot Size Acres0.5969
Lot Size Area26000.0
Lot Size SourceSeeRemarks
LotDimensionsSourceSurvey
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $995,000
MLS#PW24237327
List Date 11/20/2024
Property Type Pending
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