6759 Cherry Avenue, Long Beach, CA, US, 90805
6759 Cherry Avenue, Long Beach, CA, US, 90805Basics
- Date added: Added 3 days ago
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Floors: 2
- Lot size: 4294, 4294 sq ft
- Year built: 1958
- County: Los Angeles
- MLS ID: DW24250996
Description
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Description:
Built in 1958, the property is zoned LBCCA, boasts recent enhancements to maximize tenant appreciation and long-term value. Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased cash flow. Currently, one studio and a one-bedroom unit are vacant, providing the opportunity to upgrade and secure market rents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offering a mix of Studio and 1 bedroom layouts, appealing to a range of tenants.
These commercial units are centrally located in Long Beach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quick connections to LAX, downtown LA, and other Key metropolitan areas.
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Location
- Directions: 91 fwy Cherry ave north
- Lot Size Acres: 0.0986 acres
Building Details
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre,NearPublicTransit
- Open Parking Spaces: 6
- Building Area Units: SquareFeet
Amenities & Features
- Parking Total: 6
- Roof: Composition
- Utilities: SewerConnected
- Cooling: WallWindowUnits
- Heating: WallFurnace
- Laundry Features: CommonArea
Expenses, Fees & Taxes
- Tax Annual Amount: $16,563
- Insurance Expense: $4,020
Miscellaneous
- List Office Name: Century 21 Allstars
- Common Interest: None
- Attribution Contact: Chuck@chuckchavez.com