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Long Beach

1339 E Wesley

About This Property

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!

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Listing courtesy of Amberwood Real Estate, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,170,000

Est. Monthly Payment

$7,476/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Nicholas Greenway

Amberwood Real Estate, Inc.