$1,250,000
$1,275,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
6759 Cherry Avenue Long Beach, CA 90805
2,930 SqFt
Key Details
Sold Price $1,250,000
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 2,930 sqft
Price per Sqft $426
MLS Listing ID DW-24251646
Sold Date 05/09/25
Year Built 1958
Lot Size 4,294 Sqft
Property Sub-Type Commercial/Residential
Property Description
SELLER FINANCING AVAILABLE! 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, no units 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.
Location
State CA
County Los Angeles
Interior
Laundry Community, Individual Room
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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