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5390 Orange Ave 0.23 Acres of Commercial Land Offered at $765,000 in Long Beach, CA 90805
INVESTMENT HIGHLIGHTS
- Great Development Opportunity
- Commercial or Multi-tenant residential units permitted
- Mixed Use: MU2-A (Enhanced Density)
PROPERTY FACTS
| Price | $765,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | ||
| Zoning | MU2-A - Mixed Use: MU2-A (Enhanced Density) | ||
| Price | $765,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.23 AC |
| Zoning | MU2-A - Mixed Use: MU2-A (Enhanced Density) |
1 LOT AVAILABLE
Lot
| Price | $765,000 | Lot Size | 0.23 AC |
| Price Per AC | $3,393,770.55 |
| Price | $765,000 |
| Price Per AC | $3,393,770.55 |
| Lot Size | 0.23 AC |
Price: $765,000 ($78/sf) Lot Size: 9,819.14 sf , 0.226 ac (Includes a 10’ easement) Traffic Count: Orange Ave = 9,900, Market Ave = 9,700*
DESCRIPTION
Mixed Use: MU2-A (Enhanced Density) COMMERCAIL OR MULTI-UNIT Utilities on site 3 curb cuts Parking Requirement: Varies-Consult W/City Land use types: Residential, neighborhood center. See also Title 22, Table 25-1 for type of uses*. Residential Density: 44 units/ac or up-to 9 units (DU/AC) & up-to 8 ADU’s* Minimum Lot size: 3,000 sf Max. Height: 45’-3 stories * Set-backs (FT): Residential 1-2 4’ (Table 32-2)* Residential 2+ 9’ (Table 32-2)* Non-Residential 3’ (Table 32-2)* Minimum Commercial FAR . 5 (Table 30-1)* Maximum Commercial FAR 1.5 (Table 30-1)* Minimum open space: 500 sf. (Table 30-5)* * Interested parties are advised to confirm all information with the City of Long Beach
PROPERTY TAXES
| Parcel Number | 7129-001-019 | Improvements Assessment | $0 |
| Land Assessment | $195,323 | Total Assessment | $195,323 |
PROPERTY TAXES
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5390 Orange Ave
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