5531 Cherry Avenue, Long Beach, CA, 90805

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$2,500,000
98 Days On Site

5531 Cherry Avenue
Long Beach, CA 90805

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
8,544
SqFt
$293
/SqFt
1950
Built
County:
Los Angeles
Listed by Gay-lynn Chavez of eXp Realty of California Inc. [email protected]

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5531 Cherry Avenue5531 Cherry Avenue5531 Cherry Avenue5531 Cherry Avenue
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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.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
98 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,544 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.427 Acres
Year Built 
1950
MLS® Number 
DW24195774
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoPrice changed to $2,500,000
2 weeks agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
0.427
Number Of Stories 
1
Property Sub Type 
Industrial
Special Circumstances 
Standard
SqFt Total 
8544
Water Source 
Public
Interior Features
Laundry Features 
None
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Community Features
MLS Area 
7 - North Long Beach


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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