$450,000
↓ $100K (18.2%)
●
Commercial -
For Sale
1429 Cherry Avenue
Long Beach, CA 90813
Studio
0 Bath
$2,210
Estimated Monthly
$0
HOA / Fees
About This Property
This is one of the very profitable business in operation for over
40 years and about 5 years with current owners. Property is about
3,800 square feet on about 8,000 sq.ft of lot offering lot of
parking for customers. Landlord will provide 5 years of new lease
plus some options depending up on circumstances. The business
revenues comes as : 50% from Meat section and remaining 50%
Beer/Wine and Groceries. Business operates from 9 am to 8 PM
Mon-Sun. It also has additional income of about $ 190,000 plus per
year.
Unit Size
-
Days on Market
259 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1962
Listed By
Last updated: 2 months ago (MRMLSCA #PW23155888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2024 | Price Decreased |
$450,000
↓ $100K
(18.2%)
|
|
| Price Decreased | |||
| Aug 20, 2023 | Listed by Century 21 Discovery | $550,000 | |
| Listed by Century 21 Discovery | |||
| Dec 6, 2019 | Sold to Diya Mayank Bhimani, Mayank... | $550,000 | |
| Sold to Diya Mayank Bhimani, Mayank... | |||
Property Highlights
1429 Cherry Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Condo
2
Beds
2
Baths
810 ft²
$690/ft²
$559,000
Feb 11, 2022
-
$271/mo
Active
Condo
2
Beds
2
Baths
900 ft²
$582/ft²
$524,000
Oct 19, 2023
-
$330/mo
Active
Condo
2
Beds
2
Baths
1,171 ft²
$495/ft²
$580,000
Oct 23, 2023
-
$353/mo
In Contract
Condo
2
Beds
2
Baths
930 ft²
$559/ft²
$520,000
Sep 19, 2023
-
$317/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1429 Cherry Avenue
1429 Cherry Avenue, Long Beach, CA 90813
- 1 Unit for Sale
About Central Long Beach
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