3040 Pasadena Avenue Long Beach, CA 90807

Other Residential MLS #: PW24237327 Courtesy Of Coldwell Banker Coastal Alliance

$995,000

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Estimated monthly payments: $4,350/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Amenities: Dock
  • Architecture Style: Other

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3040 Pasadena Avenue, Long Beach, CA 90807
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School Information

3040 Pasadena Avenue, Long Beach, CA 90807

Elementary School
Grades KG-5 | Public School
BIRNEY ELEMENTARY SCHOOL
Long Beach, CA 90806
710 W Spring St
562.­427.8512
Distance: 0.8 mi
School Rating
B-
Student:Teacher Ratio
25:1
Total Students
558
Middle School
Grades 6-8 | Public School
HUGHES MIDDLE SCHOOL
Long Beach, CA 90807
3846 CA Ave
562.­595.0831
Distance: 1.1 mi
School Rating
B
Student:Teacher Ratio
29:1
Total Students
1440
High School
Grades 9-12 | Public School
POLYTECHNIC HIGH SCHOOL
Long Beach, CA 90813
1600 Atlantic Ave
562.­591.0581
Distance: 1.8 mi
School Rating
B-
Student:Teacher Ratio
25:1
Total Students
4002
Other Nearby Schools Distance Type Grades School Rating
Robinson K - 8 Academy 0.4 mi Public KG-8 C
Pacific Baptist School 0.7 mi Private PK-12
Intellectual Virtues Academy Of Long Beach 0.7 mi Public 6-8 B+
The Education Corps 0.8 mi Public 9-12 D-
Lafayette Elementary School 0.9 mi Public KG-5 C+
Smith Elementary School 1.0 mi Public KG-5 C-
Longfellow Elementary School 1.1 mi Public KG-5 B
Valley Christian High School 1.1 mi Private 9-12
Oakwood Academy 1.1 mi Private PK-5
Signal Hill Elementary School 1.3 mi Public KG-5 B
Los Cerritos Elementary School 1.3 mi Public KG-5 B
Muir Academy 1.4 mi Public KG-8 B
St Barnabas Parish School 1.4 mi Private PK-8
Alvarado Elementary School 1.5 mi Public KG-5 A-
Educational Partnership High School 1.7 mi Public 9-12 D
Jessie E. Nelson Academy 1.7 mi Public 6-8 C
Intellectual Virtues Academy 1.7 mi Public 9-12 B-
We The People High School 1.7 mi Public 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Long Beach, CA 90807

Median Age: 42.3
Married: 44%
Number of Households: 11,512
Households with Children: 26.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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