6164 Cherry Ave Long Beach, CA 90805
- Retail space
- 11,370 SF
- 0.34 lot acres
Current Use by Public Records
- World Plumbing, Heating and Air Conditioning / Plumber
Property Details for 6164 Cherry Ave
- Year built
- 1967
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 11,370 SF
- Zone code
- LBCCA
- Property type
- Retail space
- APN
- 7119-015-026
- APU
- 7119015026
Description
This exceptional 14,712 square foot warehouse, situated on a 14,878 square foot lot in Long Beach, CA (90805), presents a unique owner-user opportunity. Built in 1967 and completely renovated in 2022, this two-story building boasts 18-foot ceilings, four roll-up doors, and seven+ parking spaces. The property features a desirable corner lot location at 6164 Cherry Ave, with excellent signage opportunities due to two curb cuts on Cherry Ave and two on Curry St. The LBCCA zoning allows for versatile uses, including retail, warehouse, and showroom space. The recent renovation included brand new plumbing, electrical, and HVAC systems, along with enhanced security access. The interior has been meticulously updated, featuring remodeled offices, new bathrooms, a kitchen, conference rooms, and a mezzanine. A cell site on the property provides additional income potential. This turnkey property is being delivered vacant and is ready for immediate occupancy. The APN is 7119015026.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,770,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,205,000
- 6.5%
- $1,990,000
- 7%
- $2,215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,130,000
- Geo Method
- $2,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,060,000
- Retail
- $2,235,000
- Mixed-Use
- $1,760,000
- Hospitality
- $1,975,000
- Educational
- $2,270,000
- Residential Income
- $2,195,000
- Energy
- $2,250,000
- Income-Based Land
- $1,965,000
- Food Service
- $1,995,000
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.168
- Latitude
- 33.8668
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA