562-746-6674
6759 Cherry Ave, Long Beach, CA for Sale
Apartments - FOR SALE
1/20
null | 6% Cap Rate

6759 Cherry Ave
Long Beach, CA 90805


HIGHLIGHTS

  • Great Unit Mix
  • Close to Public Transportation
  • Strong Rental Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

7

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,295 SF

ZONING

CCA

APN/PARCEL ID

7116-007-034

ASK ABOUT THIS PROPERTY

Ramon CardenasVista Commercial GroupMore Info
562-746-6674

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Ramon CardenasVista Commercial GroupMore Info
562-746-6674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.