Long Beach, CA 90805 6759 Cherry Avenue
$1,275,000
Pending
23 more
Presented By: Chuck Chavez with Century 21 Allstars; Chuck@chuckchavez.com
Beds • 1
Baths • 1
SQFT • 2,930
Year Built • 1958
Home Details
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.
Presented By: Chuck Chavez with Century 21 Allstars; Chuck@chuckchavez.com
Interior Features for 6759 Cherry Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2
Other Rooms
Entry Level1
General for 6759 Cherry Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Directions91 cherry north
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense6300.0
Garage Spaces0.0
Garage Y/NNo
Gross Income6000.0
HOANo
Home Warranty Y/NNo
Insurance Expense4020.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsExchange1031
Lot Size Square Feet4294.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income83687.0
New ConstructionNo
Number Of Units Total7
Operating Expense28573.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot6
Trash Expense1.0
Water Sewer Expense1.0
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
Exterior for 6759 Cherry Avenue
Building Area Total2930.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0986
Lot Size Area4294.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
