6759 Cherry AVE new

Long Beach,CA 90805

$ 1325000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24250996

HOA Y/N No

Year Built 1958

Annual Tax Amount $16,563

Lot Size 4,295 Sqft

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.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Utilities Available Sewer Connected

Roof Type Composition

Total Parking Spaces 6

Building

Lot Description 0-1 Unit/Acre,Near Public Transit

Story 2

Water Public

Others

Tax ID 7116007034

Special Listing Condition Standard

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