California coastal city selling 0.01-acre property for $18G

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In case you’ve at all times dreamed of proudly owning property in California’s coastal metropolis of Lengthy Seashore, now could be your likelihood — so long as you’ve received $18G to spare and never a whole lot of stuff.

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A Four-foot huge, 90-foot lengthy paved piece of land is at present promoting for a whopping $17,995 within the metropolis’s prime Bixby Knolls neighborhood on Lengthy Seashore Boulevard.

The zero.1-acre industrial lot can be utilized “for storage, meals stand or parking carts, bikes and many others.”
(Google Maps)

The roughly zero.01-acre industrial lot can be utilized “for storage, meals stand or parking carts, bikes and many others,” in line with actual property agent Tova Oren’s itemizing. Utilities are additionally accessible for consumers within the small swath of land sandwiched between workplace buildings and a parking zone for a martial arts heart.

Although the expensive property comes with extra of a catch than its tiny footprint. Because the New York Put up reported, practically 65 ft of the 360 sq. foot lot is sloped and practically unusable so far as for constructing a small construction.

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The town has had completely different responses to potential shoppers about how the property can be utilized, Oren advised the Lengthy Seashore Put up, however regardless of the lot’s limitations, the proprietor is “adamant” about maintaining the worth at just below $18,000.

“When he purchased it, he thought it was a distinct lot — after which Googled it and located that he didn’t personal what he thought he was shopping for,” Oren mentioned. “And so now he’s simply hoping that in the future a builder will come and put up a shopping mall.”

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Oren advised the Lengthy Seashore Put up her consumer has obtained presents from $1,000-$15,000, however is standing agency on his worth. And, seeing because the piece of land has sat available on the market for over 500 days, he’s in no hurry to promote.

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