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5927-5941 Atlantic Ave
Long Beach, CA 90805 Bixby Knolls

$940,000 USD

Land For Sale  •  0.32 AC

Property Details

  • Property Type Land
  • Lot Size 0.32 AC
  • Zoning RMU-3-A
40 Transit Score
60 Walk Score

Description

The City of Long Beach is offering a portfolio of City-owned surplus properties located along the Atlantic Avenue Corridor between 55th and 60th Streets for sale. These sites represent a unique opportunity for developers, investors, and owner-users to acquire strategically positioned parcels throughout established corridors and urban neighborhoods. The City’s objective is to responsibly monetize surplus assets while supporting long-term economic activity and area revitalization. The portfolio includes a mix of improved and unimproved properties, strategically located between LA and OC, offering flexibility for a wide range of development strategies, from ground-up construction to adaptive reuse. The properties may be sold individually, in small groupings, or as part of a larger portfolio, allowing buyers to pursue projects that align with their
specific investment goals and development expertise while also delivering activation that furthers City goals for the area.

OVERALL GOALS
• Activation
• Neighborhood Servies Uses
• Residential Development
• Mix of Day and Evening Uses Contributing to a Thriving Corridor

PORTFOLIO HIGHLIGHTS
• Multiple sites across two City Council Districts
• Flexible disposition structure
• Mix of improved and unimproved properties
• Opportunities for both development and owner-user acquisition

Highlights

Inclusionary Housing Requirement
Lot Merger
Restrictive Covenant

Property Flyers

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.5 mi
Los Angeles International 28 min - 18.4 mi
John Wayne/Orange County 36 min - 25.3 mi
Sean Lieppman, CCIM 562-760-7572 Lee & Associates
Sean Lieppman, CCIM 562-760-7572 Lee & Associates