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Stanley
Signal Hill, CA 90755
Signal Hill Land · Land For Sale
·
6.70 AC
INVESTMENT HIGHLIGHTS
- Prime Future Residential Development Site
- 6.7 Acres in Signal Hill with Pacific Ocean Views
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Ground Lease (Leased Fee) | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 6.70 AC |
| Zoning | SP-2 | ||
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 6.70 AC |
| Zoning | SP-2 |
1 LOT AVAILABLE
Lot
| Price | $4,873,440 CAD | Lot Size | 6.70 AC |
| Price Per AC | $727,379.12 CAD |
| Price | $4,873,440 CAD |
| Price Per AC | $727,379.12 CAD |
| Lot Size | 6.70 AC |
The site is improved with nine oil wells and associated mechanical improvements. Four wells are producing, four are “injection” and one is abandoned.
DESCRIPTION
The property is situated on the north side of the intersection of Stanley Ave. and E. 21st Street in Signal Hill, CA. The property is located in the Hilltop Neighborhood and is subject to the Hilltop Area Specific Plan. The site provides views of the Pacific Ocean and Santa Catalina. SP-2 further defined in the Hilltop Area Specific Plan. The Specific Plan specifies detached signal family homes, parks, open space and/or recreational area. A portion of parcel 47 is identified as Open Space A. Development of Open Space A is subject to a CUP. The site is improved with nine oil wells and associated mechanical improvements. Four wells are producing, four are “injection” and one is abandoned. Parcel 7215-016-047 is fenced off from public access and includes some asphalt roads through the parcel. This site provides one of Southern California’s most unique opportunities for residential development or the maintenance of open space providing Pacific Ocean views.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $370,903 CAD | Total Assessment | $370,903 CAD |
