Property profile

5390-5390 Orange Ave Long Beach, CA 90805

OFF-MARKET
Commercial land
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Property summary

AI-generated overview

Developer-Investor: Hard corner for multi-family &/or commercial mixed/multi use on S. E. of Orange and Market in North Long Beach. New MU-2-A Zoning with Density allowance of up to 44 units per acre (possible 9 residential units+ up-to 8ADU s) as well as many other residential &/or commercial uses such as retail center, restaurant, fitness Center, office, medical, healthcare, food market, daycare, or combination of both. Sale is subject to an exchange. Previous gas station with State clearing letter. Utilities on site. See also Vacant Lot ordinance and Title 22 for permitted uses and development standards. Sq. Ft. includes a 10' easement. Information provided here are deemed reliable however parties must independently verify all information. Owner/Agent.

Property profile

Verified
Property type Commercial land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5390-5390 Orange Ave Long Beach, CA 90805
Long Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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