5531 Cherry Avenue, Long Beach, CA 90805
- $2,999,999
- $351
- $2,999,999
- $351
Description
Welcome to an exceptional investment opportunity presented by LCC Invest Group – 5519/5531 Cherry
Ave, nestled in the heart of Long Beach. This unique offering comprises two parcels, boasting a substantial 8,544 sq ft building
on an expansive 18,602 sq ft lot. What truly sets this property apart is the thriving auto business it houses, complete with
active contracts with the City of Long Beach. The automotive facility is equipped to meet the demands of the industry,
featuring 2 heavy-duty outdoor lifts, 11 indoor lifts, 16 bays, a paint booth with a vent system, an alignment machine, a
custom exhaust pipe bender, diagnostics machinery, and auto air conditioner repair equipment. Security and convenience are
paramount on this gated property, which can comfortably accommodate around 40 vehicles. With its impressive features and
prime location, this property is primed for a new owner-operator to take the reins. The real estate portion of this offering is
valued at $3,500,000, while the thriving business is priced at $1,500,000. Don’t miss out on this remarkable investment
opportunity in Long Beach.
Address
Open on Google Maps-
Address: 5531 Cherry Avenue
-
City: Long Beach
-
State/county: CA
-
Zip/Postal Code: 90805
-
Area: 7 - North Long Beach
-
Country: United States
Details
Updated on September 24, 2024 at 11:21 am-
Property ID SGR-34034973
-
Price $2,999,999
-
Land Area 18602.00 m²
-
Year Built 1950
-
Property Type Commercial Sale
-
Property Status For Sale
-
Living Area 8544.00
-
MLS# DW24195774
-
Office Name EXP REALTY OF CALIFORNIA INC.
-
Agent Name Gay-lynn Chavez
-
MLS Status Active
-
Living Area Prefix Sqft
-
Co-Office Name eXp Realty of California
-
Co-Agent Name Tisha Prieto
-
Agent State License 01433767
-
Co-Agent State License 01112564
-
IDX Contact Info 562-858-7065
Additional details
-
County Los Angeles
-
Property SubType Industrial
-
Water Source Public
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
What's Nearby?
Contact Information
View ListingsSimilar Listings
- Sankofa Global Realty