Prime Development Opportunity in Desirable R-1-M Zone! Spanning over half an acre (22,380 sq. ft.) this exceptional parcels offers incredible potential for builders, investors, or visionaries looking to maximize value. Zoned R-1M, the property's highest and best use allows for a 4-lot subdivision, with the ability to build up to 4 structures per lot - a total of 16 potential units (buyer to verify with city). Alternatively, create your dream estate with flexibility under SB-9 guidelines: build a spacious single-family residence with an attached 1,200 sq. ft. SB-9 unit, plus two detached 1,200 sq. ft. ADU's - perfect for multi-generational living or rental income. With ample lot size, favorable zoning, and multiple pathways for development, this property presents a rare opportunity to capitalize on the growing demand for housing in the area. Don't miss your chance to design and build a custom propject that stands out in today's market!
Details
MLS #
PW26238215
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
10
Listing Provided By
Amberwood Real Estate, Inc. | Nicholas Greenway
Features
Zoning
LBR1M
Acreage
0.51
Property View
None
Exterior
Lot Features
Corner Lot
Location
Community Features
Street Lights
Area Information
State
CA
County
Los Angeles
City
Long Beach
Zip Code
90806
Area
8 Signal Hill
Community Name
Signal Hill (SH)
Listing VS Median (in Signal Hill (SH))
Price: $1,170,000
low | high
Med: $560,000
100% of Average
On site: 10
low | high
Med: 124
8.064516129032% of Average
Sourced by Back At You
Market Activity 90806
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 1
Avg $ Per SqFt: $699.83
Min Sale Price: $830,000
Max Sale Price: $830,000
Med Sale Price: $830,000
Date: Aug 2026
Sales: 4
Avg $ Per SqFt: $602.18
Min Sale Price: $805,000
Max Sale Price: $1,100,000
Med Sale Price: $937,500
Date: Jul 2026
Sales: 12
Avg $ Per SqFt: $602.88
Min Sale Price: $545,000
Max Sale Price: $950,000
Med Sale Price: $838,750
Date: Jun 2026
Sales: 8
Avg $ Per SqFt: $521.93
Min Sale Price: $100,000
Max Sale Price: $1,075,000
Med Sale Price: $778,000
Date: May 2026
Sales: 10
Avg $ Per SqFt: $564.71
Min Sale Price: $535,000
Max Sale Price: $2,030,000
Med Sale Price: $824,500
Date: Apr 2026
Sales: 19
Avg $ Per SqFt: $507.54
Min Sale Price: $500,000
Max Sale Price: $2,000,000
Med Sale Price: $850,000
Date: Mar 2026
Sales: 11
Avg $ Per SqFt: $563.23
Min Sale Price: $565,000
Max Sale Price: $1,425,000
Med Sale Price: $850,000
Date: Feb 2026
Sales: 12
Avg $ Per SqFt: $669.37
Min Sale Price: $460,000
Max Sale Price: $1,659,000
Med Sale Price: $834,000
Date: Jan 2026
Sales: 6
Avg $ Per SqFt: $450.63
Min Sale Price: $537,000
Max Sale Price: $1,600,000
Med Sale Price: $1,119,500
Date: Dec 2025
Sales: 1
Avg $ Per SqFt: $436.3
Min Sale Price: $500,000
Max Sale Price: $500,000
Med Sale Price: $500,000
Date: Nov 2025
Sales: 2
Avg $ Per SqFt: $574.04
Min Sale Price: $765,000
Max Sale Price: $1,225,000
Med Sale Price: $995,000
Sourced by Back At You
Sep 2026
Sales:
1
Avg $ Per SqFt:
$699.83
Min Sale Price:
$830,000
Max Sale Price:
$830,000
Med Sale Price:
$830,000
Aug 2026
Sales:
4
Avg $ Per SqFt:
$602.18
Min Sale Price:
$805,000
Max Sale Price:
$1,100,000
Med Sale Price:
$937,500
Jul 2026
Sales:
12
Avg $ Per SqFt:
$602.88
Min Sale Price:
$545,000
Max Sale Price:
$950,000
Med Sale Price:
$838,750
Jun 2026
Sales:
8
Avg $ Per SqFt:
$521.93
Min Sale Price:
$100,000
Max Sale Price:
$1,075,000
Med Sale Price:
$778,000
May 2026
Sales:
10
Avg $ Per SqFt:
$564.71
Min Sale Price:
$535,000
Max Sale Price:
$2,030,000
Med Sale Price:
$824,500
Apr 2026
Sales:
19
Avg $ Per SqFt:
$507.54
Min Sale Price:
$500,000
Max Sale Price:
$2,000,000
Med Sale Price:
$850,000
Mar 2026
Sales:
11
Avg $ Per SqFt:
$563.23
Min Sale Price:
$565,000
Max Sale Price:
$1,425,000
Med Sale Price:
$850,000
Feb 2026
Sales:
12
Avg $ Per SqFt:
$669.37
Min Sale Price:
$460,000
Max Sale Price:
$1,659,000
Med Sale Price:
$834,000
Jan 2026
Sales:
6
Avg $ Per SqFt:
$450.63
Min Sale Price:
$537,000
Max Sale Price:
$1,600,000
Med Sale Price:
$1,119,500
Dec 2025
Sales:
1
Avg $ Per SqFt:
$436.3
Min Sale Price:
$500,000
Max Sale Price:
$500,000
Med Sale Price:
$500,000
Nov 2025
Sales:
2
Avg $ Per SqFt:
$574.04
Min Sale Price:
$765,000
Max Sale Price:
$1,225,000
Med Sale Price:
$995,000
MLS#: PW26238215 Listed By: Nicholas Greenway - Amberwood Real Estate, Inc. - 5627992388- michael@amberwoodre.com
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
MLS#: PW26238215 Listed By: Nicholas Greenway - Amberwood Real Estate, Inc. - 5627992388- michael@amberwoodre.com
