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!
Details
MLS #
PW25258255
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
298
Listing Provided By
Amberwood Real Estate, Inc. | Nicholas Greenway
Features
Zoning
LBR1M
Acreage
0.51
Property View
None
Exterior
Lot Features
Corner Lot
Location
Community Features
Street Lights
Area Information
State
CA
County
Los Angeles
City
Long Beach
Zip Code
90806
Area
8 Signal Hill
Community Name
Signal Hill (SH)
Sourced by Back At You
MLS#: PW25258255 Listed By: Nicholas Greenway - Amberwood Real Estate, Inc. - 5627992388- michael@amberwoodre.com
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MLS#: PW25258255 Listed By: Nicholas Greenway - Amberwood Real Estate, Inc. - 5627992388- michael@amberwoodre.com