5440 E La Pasada, Long Beach, California 90815, Long Beach, 90815 - 3 bed, 3 bath

5440 E La Pasada, Long Beach, California 90815 home-pic-0
ACTIVE$1,895,000$2,155/sqft
Est. Value: $1,546,314
-18%
AboveEstimate
5440 E La Pasada, Long Beach, California 90815
3Beds
3Baths
2,155Sqft
8,124Lot

Price Vs. Estimate

The estimated value ($1,546,314.01) is $348,685.99 (18%) lower than the list price ($1,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Gant Elementary School (10/10).
Top Cons:
Age of Construction (1955): While well-maintained, the 1955 build year suggests potential for outdated systems (HVAC, electrical, plumbing) or a need for significant aesthetic modernizations to meet contemporary buyer expectations.

Compared to the nearby listings

Price:$1.90M vs avg $1.14M (+$760,000)94%
Size:2,155 sqft vs avg 1,573 sqft84%
Price/sqft:$879 vs avg $71988%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, the property has been lovingly maintained but shows significant signs of being outdated. The kitchen features dated light wood cabinets, tile countertops, and older white appliances that require a full renovation to meet modern standards. Bathrooms have some updated elements like glass shower enclosures but still feature older vanities and fixtures. While the hardwood floors are in good condition and the home is clean, the overall style and key components suggest renovations were done 15-30+ years ago, necessitating substantial aesthetic updates for contemporary tastes.
Year Built
1955
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$879
HOA
$225
Days on market
-
Sold On
-
MLS number
PW25279801
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Located on a peaceful interior street in Park Estates, 5440 La Pasada offers a rare opportunity to own a traditionally styled home in one of Long Beach’s most coveted neighborhoods. Lovingly maintained by the same owners for over 25 years, this residence reflects pride of ownership, timeless character, and the kind of setting that has made Park Estates so enduring. Brick porches and patios add warmth and charm, while the home’s classic design provides a solid foundation for future vision. The bright, spacious, and light-filled kitchen is both functional and welcoming, featuring an eat-in area and a picture-perfect window overlooking the tranquil backyard, an ideal setting for everyday living and casual gatherings. The property features three bedrooms and three bathrooms, including two three-quarter baths and a convenient half bath located off the laundry area just off the kitchen. A detached garage, generous lot, and wide street frontage enhance both privacy and functionality, all within a quiet and serene environment. Park Estates is known for its tree-lined streets, architecturally significant homes, expansive lots, and strong sense of community, along with proximity to top-tier schools, CSULB, and everyday Long Beach amenities. Nearby highlights include local yacht clubs, premier shopping and dining at 2nd & PCH, and convenient access to Gelson’s, Whole Foods Market, and Sprouts Market. This is a home for buyers who value location, character, and pride of ownership, and who appreciate the opportunity to make their own mark in one of Long Beach’s premier residential neighborhoods.

P
Patricia Higgins
Listing Agent

Nearby schools

10/10
Gant Elementary School
Public,K-50.7mi
7/10
Stanford Middle School
Public,6-81.3mi
6/10
Wilson High School
Public,9-120.8mi

Price History

Date
Event
Price
08/02/99
Sold
$580,000
Condition Rating
Fair

Built in 1955, the property has been lovingly maintained but shows significant signs of being outdated. The kitchen features dated light wood cabinets, tile countertops, and older white appliances that require a full renovation to meet modern standards. Bathrooms have some updated elements like glass shower enclosures but still feature older vanities and fixtures. While the hardwood floors are in good condition and the home is clean, the overall style and key components suggest renovations were done 15-30+ years ago, necessitating substantial aesthetic updates for contemporary tastes.
Pros & Cons

Pros

Great Schools: Elementary School: Gant Elementary School (10/10).
Coveted Park Estates Location: Situated on a peaceful interior street in the highly desirable Park Estates, renowned for its upscale character, tree-lined streets, and strong community.
Exceptional Local Amenities & Schools: Offers unparalleled proximity to top-tier schools (including a 10-rated elementary), CSULB, yacht clubs, and premier shopping/dining at 2nd & PCH, Gelson’s, Whole Foods, and Sprouts.
Demonstrated Pride of Ownership: Maintained by the same owners for over 25 years, showcasing consistent care and a solid foundation for future customization.
Spacious & Functional Layout: Features a bright, light-filled kitchen with an eat-in area, three bedrooms, and three bathrooms, providing a comfortable and practical living space.
Generous Lot & Privacy: Benefits from a generous 8,124 sqft lot, wide street frontage, and a detached garage, contributing to enhanced privacy and functionality.

Cons

Age of Construction (1955): While well-maintained, the 1955 build year suggests potential for outdated systems (HVAC, electrical, plumbing) or a need for significant aesthetic modernizations to meet contemporary buyer expectations.
Potential for Significant Renovation Costs: The description hints at a 'solid foundation for future vision,' implying that buyers may need to invest substantially to update the traditional style to modern tastes, impacting the overall cost of ownership.
High Entry Price Point: The list price of $1.895 million is a significant investment for a home of this vintage, potentially narrowing the buyer pool to those willing to pay a premium for the location and lot, even with anticipated renovation expenses.
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