Listed by 562-858-7065 - Gay-lynn Chavez - DRE #01433767 - eXp Realty of California Inc. 888-832-7179 Listing Courtesy of: DRE #01112564
$2,999,999 affordable loan icon Calculate Payment

5531 Cherry Avenue Long Beach, CA 90805

Down payment assistance icon
Industrial Residence
Beds
Baths
8,544 Sq. Ft.
0.43 Acre Lot

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 9/22/2024 3:23 PM
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 i...s 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. Continue reading
MLS#
DW24195774
Property Type
Industrial
Status
Year Built
1950
Square Feet
8,544 sq. ft
Lot Size
0.43

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

How much home can I afford?

Get prequalified today and learn more.

Get Started

Rental Valuation Estimate

rental value icon
Per Month
See More Trends
Listed by 562-858-7065 - Gay-lynn Chavez - DRE #01433767 - eXp Realty of California Inc. 888-832-7179 Listing Courtesy of: DRE #01112564
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 9/22/2024 3:23 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Prequalify