6759 Cherry Avenue

Long Beach, CA 90805

$1,325,000

List Price

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1958

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Property 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.

Listing Information

List Price $1,325,000
Status Active
MLS DW24250996
Type Commercial
Subtype Multi Family
Year Built 1958
Lot Size 4,294
Structure Size N/A
Courtesy Of Century 21 Allstars
Listing Agent Chuck Chavez DRE#01367620

Interior Features

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Location(s) Common Area
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Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Chuck Chavez, Century 21 Allstars . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 20th, 2024 at 6:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.