1339 E Wesley, Long Beach, CA 90806

$1,170,000

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List Price
$1,170,000
Status
ACTIVE
MLS#
PW25258255
Lot Size
22,385
Acres
0.51
Lot Location
Corner Lot
Days on Market
243
Property Type
Land
Neighborhood
Signal Hill (Sh)

Property Description

Prime Development Opportunity in Desirable R-1-M Zone! Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city). Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income. With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!

Additional Information

View
None
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Nicholas Greenway (nicholasgreenway@aol.com) from Listing Office: Amberwood Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.