5601 Orange Avenue, Long Beach, CA 90805
Commercial property · 2 recorded sales since 2021
Sold October 2021
Listing Agent: Jason Dufault (DRE #01844551) · Listing Office: Keller Williams Coastal Proper · Contact: 562-961-1400 · Bought with: Susan Horowitz · Keller Williams Encino-Sherman Oaks · MLS #OC21053897 · Source: CRMLS
About this commercial property
The property site and separate parking lot is located on Orange Ave in North Long Beach, California with frontage on Orange Ave which is a high traffic thoroughfare. Between the two subject properties is a parking lot, owned and used by theChurch across the street. The neighborhood is a predominantly working-class area of Long Beach. The neighborhood is bounded by the cities of Compton, Paramount, Bellflower and Lakewood. The property is positioned with close access to the 91 and 710 freeways and offers easily accessible public transportation within close walking proximity. North Long Beach is mostly residential. As such, the City is cooperatively working towards redevelopment of the area and looks to any new development or conditional use permit as needing to be compatible with the residential neighborhood. The City has partnered in three major commercial developments that are currently underway in North Long Beach. These new developments will add banks and food centric spaces that contribute and encourages neighborhood connections and community presence. The northern end of the district is home to Houghton Park and the North Neighborhood Library, which is located down the street from the subject site. In the future it is anticipated that the former library will be demolished to make way for affordable housing. The district also includes its own Fire Sub- Station and Jordan High School.
Listing description from the October 2021 sale, as reported to CRMLS.
Sale history
