Photo: Luke van Zyl / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. A Pasadena elementary school closed in 2020. Its playground could soon be housing for the district’s own staff. Pasadena Unified School District says it has filed a design-review application for 110 below-market rental homes on about five acres at 315 N. Pasadena Ave., the former Roosevelt Elementary campus, according to Pasadena Now. The district announced it in its Oct. 29 bond newsletter.…
MarketLos Angeles
Pasadena’s School District Wants to Be a Landlord. 110 Below-Market Homes Are Headed for a Closed Campus.
Pasadena Unified proposes 110 below-market rentals for employees at a former school campus. Design review, traffic concerns and final rent limits remain.
