$1,325,000
For Sale

6759 Cherry Avenue

Long Beach, CA 90805
0.10 acres | #DW24251646
Listing OfficeCentury 21 Allstars
Browse 28 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,325,000
      • MLS #DW24251646
      • MLS #DW24251646
      • Property SubtypeMixedUse
      • Cost1325000
      • Acres0.0986
      • Utility SourcePublic
      • Year Built1958
      • Stories2

Location

Manon SchillerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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