Tiny 4-Foot-Wide Strip Of Asphalt In Long Beach Listed For $18,000
LONG BEACH (CBSLA) - A tiny slice of asphalt in Long Beach has a huge price tag - and not much else.
The listing for the .01-acre property on Long Beach Boulevard in the Bixby Knolls area has an asking price of nearly $18,000, despite being a mere 4 feet wide and 96 feet long.
With a conventional 30-year loan, the lucky purchaser would be on the hook for about $70 a month for the narrow parcel.
More than half of the property also sits on a steep slope, deterring any potential buyer from putting down a level foundation.
But it turns out the asking price may be a nonstarter.
Agent Tova Oren of ERA North Orange County told the Long Beach Post her client remains "adamant" about the five-figure price tag and is content to wait for the right offer - even though the property has been on the market for more than 500 days.