6759 Cherry Avenue
Long Beach, CA 90805
0.10 acres | #DW24250996
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.
Property Details
- Lot DescriptionZeroToOneUnitAcre, NearPublicTransit
- Utility FeaturesSewerConnected
- Property TypeMulti-Family
- CountyLos Angeles
- Property SubtypeMultiFamily
- Original List Price$1,325,000
- MLS #DW24250996
- MLS #DW24250996
- Taxes Annual$16,563
- Cost1325000
- Acres0.0986
- Utility SourcePublic
- Year Built1958
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Chuck Chavez (#YCHAVCHU)
Listing Office: Century 21 Allstars (#YCYA)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
