Skip To Content

6759 Cherry Avenue

Long Beach, CA 90805
  • $1,275,000
  • STATUS: Pending
  • ON SITE: 109 Days
  • MLS #: DW24251646
Pending
UPDATED: 23 min ago
$1,275,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Chuck Chavez of Century 21 Allstars (562-863-2121)


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 increasedcash flow. Currently, no units are vacant, providing the opportunity to upgrade and secure marketrents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offeringa mix of Studio and 1 bedroom layouts, appealing to a range of tenants. These commercial units are centrally located in LongBeach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quickconnections to LAX, downtown LA, and other Key metropolitan areas.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T09:33:05.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159251325
Print Image

6759 Cherry Avenue Long Beach, CA 90805

  • Price: $1,275,000
  • Status: Pending
  • On Site: 109 Days
  • Updated: 23 min ago
  • MLS #: DW24251646
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1958
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
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 increasedcash flow. Currently, no units are vacant, providing the opportunity to upgrade and secure marketrents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offeringa mix of Studio and 1 bedroom layouts, appealing to a range of tenants. These commercial units are centrally located in LongBeach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quickconnections to LAX, downtown LA, and other Key metropolitan areas.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 6300 Garage YN No Gross Income 6000 Gross Scheduled Income 112260 Insurance Expense 4020 Land Lease YN No Laundry Features Common AreaLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 83687 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 28573 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1 Water Sewer Expense 1 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T09:33:05.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373763626-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373763626-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373763626-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Chuck Chavez of Century 21 Allstars (562-863-2121)