6759 Cherry Avenue
$1,325,000
—
2,930
2,930
$452
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...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.
- Listed by Chuck Chavez • DRE #01367620 • Brokerage DRE #01280965 • Century 21 Allstars • Chuck@chuckchavez.com
Property Details for 6759 Cherry Avenue
Parking Spaces Total
6
Total Units7.0
Lot Size SourceAssessor
Building Area Total2930
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Parcel Number7116007034
LISTING UPDATED: 12/20/2024 02:46 AM
Property Details for 6759 Cherry Avenue
Status | Active |
---|---|
MLS # | DW24250996 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1958 |
Lot Size | 0.10 AC / 4,294 SF |
County | Los Angeles County |
Building Information for 6759 Cherry Avenue
Stories2Residences-Year Built1958Building Size-Lot Size0.10 AC / 4,294 SF
Property Information for 6759 Cherry Avenue
Property History for 6759 Cherry Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6759 Cherry Avenue
Taxable ValueLand$246,281Additions$423,304Total$669,585
Tax Record2024$9,511 ($793 / month)
Home Facts
Total Finished SqFt2,930 SqFtAbove Grade Finished SqFt2,930 SqFtLot Size4,294 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLBCCACountyLOS ANGELESAPN7116-007-034
Schools near 6759 Cherry Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
McKinley Elementary School PublicK to 5 | ||
Hamilton Middle School Public6 to 8 | ||
Jordan High School Public9 to 12 | ||
IVA - Intellectual Virtues Academy Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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