Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    5531 Cherry Avenue, Long Beach, CA 90805
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    5531 Cherry Avenue
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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
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Building Area Total
    1. 8544.00
    Commoninterest
    1. None
    Country
    1. US
    Laundry Features
    1. None
    Parcel Number
    1. 7128031030
    Postalcodeplus4
    1. 5595
    Property Type
    1. Industrial
    Water Source
    1. Public
    Year Built
    1. 1950
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836