1065 Market StLong Beach, CA 90805

This exceptional 3,000 square foot residential lot in Long Beach, California, presents a remarkable opportunity for immediate development. Located at 1065 E Market St, in the 90805 zip code within Los Angeles County, this property is zoned LBCL* and boasts APN 7127-015-017. The asking price is $495,000. Plans are in place for a substantial 5-bedroom, 5.5-bathroom single-family home, featuring a spacious attic on the third floor. Furthermore, the property includes permits for a detached 1-bedroom, 1-bathroom accessory dwelling unit (ADU). Significant pre-development costs have already been covered, with approximately $15,000 in school fees already paid by the seller. City permit fees remain outstanding. This turnkey opportunity allows for the construction of a luxurious residence with an additional income-generating unit, making it an ideal investment for discerning buyers. The property's location in Long Beach offers convenient access to local amenities, schools, and transportation. Don't miss this chance to build your dream home in a desirable location.