5939 1/2 Cherry Ave Long Beach, CA 90815
Lakewood Mutual NeighborhoodEstimated payment $1,764/month
About This Lot
Prime mixed-use vacant land in a high-traffic North Long Beach location, offering an exceptional development opportunity. The parcel features strong frontage along a well-traveled corridor located between 60th Street and Hungerford Street, providing excellent visibility and exposure - ideal for investors, developers, or owner-users seeking to build in a growing submarket. Zoned Mixed-Use 1 (MU-1 and MU-1-A), the property allows for medium-scale mixed-use development designed to transition between residential neighborhoods and mixed-use nodes, supporting a broad range of residential and non-residential uses in flexible configurations. Potential uses include multi-family housing, live/work units or artist studios, retail, office, service-oriented businesses, or integrated mixed-use development (buyer to verify with the City). Convenient access to the 710 and 91 freeways, combined with strong daily traffic counts, enhances accessibility and long-term growth potential. Surrounded by established residential communities and active commercial uses, this site offers a compelling blend of exposure, accessibility, and demand making it an outstanding opportunity for future development in Long Beach. Please do not disturb occupants.
Property Details
Property Type
- Land
Lot Details
- 4,807 Sq Ft Lot
- Lot Dimensions are 40x120
- Rectangular Lot
- Level Lot
- Property is zoned MU-1-A
Utilities
- Overhead Utilities
- Property is located within a water district
- Sewer in Street
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 7123-005-005
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2026 01/19/26 | For Sale | $275,000 | -- | -- |
Source: The MLS
MLS Number: 26640275
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Ask me questions while you tour the home.