Selling Property

California coastal metropolis promoting zero.01-acre belongings for $18G

If you’ve always dreamed of owning assets in California’s coastal town of Long Beach, now is your chance — so long as you’ve got $18G to spare and no longer numerous stuff.

BAY AREA RENTAL AGREEMENTS CAN COME WITH ‘NO COOKING’ CLAUSES

A 4-foot huge, 90-foot lengthy paved piece of land is currently selling for a whopping $17,995 within the city’s large Bixby Knolls community on Long Beach Boulevard.

California coastal metropolis promoting zero.01-acre belongings for $18G 1

The approximately 0.01-acre commercial lot can be used “for the garage, food stand or parking carts, motorcycles and so on,” in keeping with real estate agent Tova Oren’s listing. Utilities also are available for consumers interested in the small swath of land sandwiched among workplace homes and a parking zone for a martial arts center.

Though the luxurious belongings come with greater capture than their tiny footprint. As the New York Post suggested, almost sixty-five ft of the 360 square foot lot is sloped and nearly unusable as a way for building a small shape.

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The metropolis has had excellent responses to potential customers about how the property may be used. Oren instructed the Long Beach Post, however regardless of the lot’s barriers, the proprietor is “adamant” about retaining the rate directly below $18,000.

“When he sold it, the idea it becomes an exclusive lot — after which Googled it and determined that he didn’t know very own what he idea he turned into buying,” Oren said. “And so now he’s simply hoping that someday a builder will come and put up a shopping mall.”

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Oren informed the Long Beach Post her purchaser has obtained from $1,000-$15,000; however, he is standing firm on his price. And, seeing as the piece of land has sat on the market for over 500 days, he’s in no hurry to sell.

Margie Willis

When I decided to start blogging about real estate, I knew this would be a long journey. I was right. As you can see, I've grown my blog over the years and now have many followers. The reason why I started blogging is that I wanted to share my passion for designing and decorating my own home. I want to help people with home improvement ideas, trends, and inspiration.

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