5531 Cherry Avenue, Long Beach, CA 90805
-
Listed Price :
$2,999,999
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1950
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
5531 Cherry Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90805 |
| County |
Los Angeles |
| Listing Agent |
Gay-lynn Chavez DRE #01433767 |
| Co-Listing Agent |
Tisha Prieto DRE #01112564 |
| Courtesy Of |
eXp Realty of California Inc. |
| List Price |
$2,999,999 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Industrial |
| Structure Size |
N/A |
| Lot Size |
18,602 |
| Year Built |
1950 |
Listing information courtesy of: Gay-lynn Chavez, Tisha Prieto, eXp Realty of California Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
