Seller's Agent in 2025
Ian Hand
Coldwell Banker Realty
(562) 682-6780
2 in this area
16 Total Sales
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.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $71,000 | Orange Coast Title Co | |
| Grant Deed | $40,000 | Chicago Title Co |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Sold | $700,000 | -29.6% | -- |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | For Sale | $995,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,277 | $268,423 | $268,423 | -- |
| 2024 | $3,277 | $263,160 | $263,160 | -- |
| 2023 | $3,224 | $258,000 | $258,000 | $0 |
| 2022 | $2,541 | $212,576 | $212,576 | $0 |
| 2021 | $2,496 | $208,408 | $208,408 | $0 |
| 2020 | $2,490 | $206,272 | $206,272 | $0 |
| 2019 | $2,460 | $202,228 | $202,228 | $0 |
| 2018 | $2,409 | $198,263 | $198,263 | $0 |
| 2017 | $2,384 | $194,376 | $194,376 | $0 |
| 2016 | $2,219 | $190,565 | $190,565 | $0 |
| 2015 | $1,191 | $104,544 | $104,544 | $0 |
| 2014 | -- | $102,497 | $102,497 | $0 |
Seller's Agent in 2025
Ian Hand
Coldwell Banker Realty
(562) 682-6780
2 in this area
16 Total Sales
Buyer's Agent in 2025
Shawn Ros
California Financial & RE Ctr
(714) 966-1460
1 in this area
29 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24237327
APN: 7207-020-022