5531 Cherry Avenue, Long Beach, CA 90805
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- MLS#: DW24195774 ( Industrial )
- Street Address: 5531 Cherry Avenue
- Viewed: 6
- Price: $2,500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 96
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90805
- Provided by: eXp Realty of California Inc.
- Contact: Gay-lynn Gay-lynn
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DescriptionWelcome 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.
Property Location and Similar Properties
Features
Building Area Total
- 8544.00
Commoninterest
- None
Country
- US
Laundry Features
- None
Parcel Number
- 7128031030
Postalcodeplus4
- 5595
Property Type
- Industrial
Water Source
- Public
Year Built
- 1950