5959 Cherry ave, Long Beach, CA 90805
Active
$825,000
3%
3 Units
4 Beds
3 Baths
2,463 Area(sq.ft.)
Lot: 4,727 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 1,200 | $ 1,200 | $ 2,000 |
| Unit 2 | 1 | 2 | 1 | No | $ 800 | $ 800 | $ 2,000 |
| Unit 3 | 1 | studio | 1 | No | n/a | n/a | $ 5,000 |
| 3 | 4 | 3 | $ 2,000 | $ 2,000 | $ 9,000 |
| MLS #: | PW25006065MR |
| Days On Market: | 340 |
| Listing Date: | January 9, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 335 |
| Price per unit: | $ 275,000 |
| Year Built: | 1962 |
Property Details
Great opportunity to own a mixed use property. Both residential units are occupied and not on leases. Commercial unit is vacant. Formally built out as dispensary. Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Actual Gross Rent: | $ 2,000 |
Structure
| Community Features: | Urban |
| Sewer: | Unknown |
| Water: | Public |
Land & Parking
| Zoning: | LBCCA |
| Land Lease Type: | Fee |
Interior
| Laundry: | None |
Exterior
| Pool: | No |
Detailed Map
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