1827 Pacific Ave, Long Beach, CA 90806

Sale Price: $955,680

Owner: City of Long Beach (municipality)

Assessor Parcel Number: 7209-022-900

Size: 16,000 square feet (0.37 acres). NOTE: A 2 foot alley dedication will be required for development which will net approximately 15,800 SF

General Plan Place Type: Transit Oriented Development Low Density/7 Stories

Zoning Designation: Midtown Specific Plan Transit Node (SP-1-TN

Residential Development Convenant: If ten (10) or more residential units are developed on the property, not less than 15% of the total number of units shall be sold or rented at affordable housing costs.

Minimum density allowed: The Specific Plan references a typical density of 30 to 60 dwelling units per acre for the Transit Node

The General Plan Land Use Element for more Transit Oriented Development (TOD) allows for up to 44 units per acre for residential, 1.5 to 3.00 FAR for Nonresidential Intensity