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5531 Cherry Avenue
Long Beach CA 90805 US

$2,999,999

Active Listing ID DW24195774
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$2,999,999

Active Listing ID DW24195774
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5531 Cherry Avenue 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2999999
  • unparsedaddress: 5531 Cherry Avenue
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90805
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 8544
  • livingareaunits: Square Feet
  • listagentfullname: Gay-lynn Chavez
  • listagentemail: gaylynn@chavezgroupusa.com
  • listagentkey: 3yd-MRMLSCA-DWBARGAY
  • listagentmlsid: DWBARGAY
  • listagentpreferredphone: 5628587065
  • listagentofficephone: 8888327179
  • listofficekey: 3yd-MRMLSCA-DWEXW
  • listagentstatelicense: 01433767
  • listofficemlsid: DWEXW
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1950
  • listingcontractdate: 2024-09-19
  • listagenturl: http://barnescregroup.com
  • countyorparish: Los Angeles
  • parcelnumber: 7128031030
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty of California, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gaylynn@chavezgroupusa.com", "ListBrokerageCity":"San Ramon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"eXp Realty of California, Inc.", "ListBrokeragePhone":"(888) 584-9427", "ListBrokeragePostalCode":"94583", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"2603 Camino Ramon", "ListBrokerageWebsiteUrl":"https://www.exprealty.com", "ListOfficeAddress1":"2603 Camino Ramon STE 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SPENNDEB", "ListOfficeCity":"San Ramon", "ListOfficeCountry":"US", "ListOfficeEmail":"ca.broker@exprealty.net", "ListOfficePostalCode":"94583", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Long Beach, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/DW24195774/?channel=rexren", "MLSModificationTimestamp":"2024-09-19T22:21:54Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/27/2024 11:41:52 PM GMT
Source Updated Date: 10/31/2024 6:52:10 AM GMT

Courtesy of: Gay-lynn Barnes, eXp Realty of California Inc., gaylynn@chavezgroupusa.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.