SELLER FINANCING AVAILABLE! Built in 1958, the property is zoned LBCCA, boasts recent enhancements to maximize tenant appreciation and long-term value.
Located in a sought-after Long Beach neighborhood, this property offers strong upside potential for rent growth and increased
cash flow. Currently, no units are vacant, providing the opportunity to upgrade and secure market
rents, making this an exceptional investment opportunity.. This impressive property consists of 7 well-appointed units offering
a mix of Studio and 1 bedroom layouts, appealing to a range of tenants. These commercial units are centrally located in Long
Beach, offering access to major shopping, convenient transportation and direct access to the 91 freeway, ensuring quick
connections to LAX, downtown LA, and other Key metropolitan areas.
Sold for $1,250,000
Listed by: Century 21 Allstars • Chuck Chavez • Contact: 562-863-2121
Bought with: Century 21 Allstars
$1,250,000
6759 Cherry Ave, Long Beach, CA 90805
4beds
7baths
2,930sqft
Mixed Use
Built in 1958
-- sqft lot
$-- Zestimate®
$427/sqft
$4,288 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,288/mo
Zestimate® history
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$4,288/mo
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$4,288/mo
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$7,922/mo
Est. payment
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$7,922/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Chuck Chavez DRE #01367620 Chuck@chuckchavez.com,
Century 21 Allstars
Bought with:
Ramon Cardenas Jr, DRE #01756954
Century 21 Allstars
Source: CRMLS,MLS#: DW24251646
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
Appliances
- Laundry: Common Area, Laundry Room
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,930
- Total interior livable area: 2,930 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 4,294 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7116007034
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $682,957
- Annual tax amount: $9,951
- Date on market: 1/7/2025
- Cumulative days on market: 87 days
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $1,250,000-2%$427/sqft |
Source:  CRMLS #DW24251646 Report a problem | ||
| 4/18/2025 | Pending sale | $1,275,000+134.8%$435/sqft |
Source: CRMLS #DW24251646 Report a problem | ||
| 3/12/2012 | Sold | $543,000-1.2%$185/sqft |
Source: Public Record Report a problem | ||
| 2/8/2007 | Sold | $549,500$188/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,951 +4.6% | $682,957 +2% |
| 2024 | $9,511 +1.9% | $669,585 +2% |
| 2023 | $9,338 +6.3% | $656,475 +2% |
| 2022 | $8,782 +2.3% | $643,622 +2% |
| 2021 | $8,584 +0.3% | $631,021 +1% |
| 2020 | $8,563 | $624,561 +2% |
| 2019 | $8,563 +4.3% | $612,334 +2% |
| 2018 | $8,206 | $600,347 +2.2% |
| 2017 | $8,206 +1.1% | $587,664 +2% |
| 2016 | $8,117 +7.3% | $576,142 +1.5% |
| 2015 | $7,561 +4.3% | $567,489 +2% |
| 2014 | $7,252 | $556,374 -5.1% |
| 2012 | -- | $586,128 +2% |
| 2011 | -- | $574,636 +0.5% |
| 2009 | -- | $571,699 +77.2% |
| 2007 | -- | $322,690 +2% |
| 2006 | -- | $316,364 |
| 2005 | -- | $316,364 +30.2% |
| 2003 | -- | $243,000 +5.2% |
| 2002 | -- | $231,000 |
Find assessor info on the county website
Neighborhood: North Long Beach
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Nearby schools
GreatSchools rating
- 6/10McKinley Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Hamilton Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Jordan High SchoolGrades: 9-12Distance: 0.9 mi
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- California
- Los Angeles County
- Long Beach
- 90805
- North Long Beach
- 6759 Cherry Ave
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