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1429 Cherry Ave, Long Beach, CA 90813
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1429 Cherry Ave Long Beach, CA 90813

$450,000
  • -- Beds
  • -- Baths
  • 3,536 Sq.Ft.
For Sale
$450,000 Get Pre-Qualified
Map preview of 1429 Cherry Ave, Long Beach, CA 90813

Property Overview: 1429 Cherry Ave Long Beach, CA has -- bedrooms, -- bathrooms, 3,536 living square feet and 6,081 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Looking for a new business that is well established. This grocery store has been established for 30 years with an annual gross income of $ 700,000 to $750,000 and annual net of $ 240,000 to $330,000. It has 3 full time employees, open 7 days a week, from 9 am to 8 pm, it has beer and wine, lotto, groceries, sells online games and has an ample of parking. Located in busy streets of cherry avenue. Run by employees. Well, what are you waiting for?, grabbed this opportunity as it won't last long. Seller is very motivated and willing to carry over.

Listed by Demi Devaney | BRE #01349525 | Lucky Home Realty
Last checked: 3 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 297
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Home details

Lot Sq. Ft
6,081
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Business
Status
Active
MLS#
DW23130509
City
Long Beach
County
Los Angeles
Time on Site
309 days

Open Houses for 1429 Cherry Ave

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Property Details for 1429 Cherry Ave

Lot Details / Garage and Parking
Property Information
  • Parcel Number: 7261017027
  • Year Built Source: Assessor
Location / Neighborhood
Location Information
  • Directions: CHERRY AND 7TH STREET
View more facts & features

Local Long Beach Agent

Sale History for 1429 Cherry Ave

Last sold for $550,000 on December 6th, 2019

  • July, 2023

  • Jul 15, 2023

    Date

    Active

    CRMLS: DW23130509

    $590,000

    Price

  • December, 2019

  • Dec 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Expired

    CRMLS: PW19183095

    $890,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: PW19183095

    $890,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED TO $900,000!!!! Well Established Beer/Wine market property and business for sale in Long Beach!!! Excellent opportunity to own the property and to operate a good established Beer/Wine grocery market. Package sales:To sell the property and business together The property price is $750,000 & Business price is $150,000 plus inventory stock The property size is 3,536sf and lot size is 6,080sf. Contact the listing agent for detailed information about the business income and expenses.

  • August, 2019

  • Aug 1, 2019

    Date

    Expired

    CRMLS: PW19046256

    $900,000

    Price

  • Mar 27, 2019

    Date

    Price Change

    CRMLS: PW19046256

    $900,000

    Price

  • Mar 1, 2019

    Date

    Active

    CRMLS: PW19046256

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED TO $900,000!!!! Well Established Beer/Wine market property and business for sale in Long Beach!!! Excellent opportunity to own the property and to operate a good established Beer/Wine grocery market. Package sales:To sell the property and business together The property price is $750,000 & Business price is $150,000 plus inventory stock The property size is 3,536sf and lot size is 6,080sf. Contact the listing agent for detailed information about the business income and expenses.

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: PW19012735

    $950,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: PW19012735

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Well Established Beer/Wine market property and business for sale in Long Beach!!! Excellent opportunity to own the property and to operate a good established Beer/Wine grocery market. Package sales:To sell the property and business together The property price is $750,000 & Business price is $200,000 plus inventory stock The property size is 3,536sf and lot size is 6,080sf. Contact the listing agent for detailed information about the business income and expenses.

  • June, 2011

  • Jun 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 1429 Cherry Ave

Assessed Value (2020): $680,000
Year Land Value Improved Value Assessed Value
2020 $450,000 $230,000 $680,000

Home Value Compared to the Market

This property vs the competition

1429 Cherry Ave is listed 43.68% lower than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $127.26 per/sqft which puts the price per square foot 80.21% lower than the median price per square foot for the city of Long Beach.

About 1429 Cherry Ave

Detailed summary of property

1429 Cherry Ave is a business located in Long Beach, CA 90813 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 3,536 living square feet, and sits on an approximately 6,081 square foot lot. 1429 Cherry Ave was first listed on ArdentRealEstateGroup.com on July 15, 2023. The homeowner is currently asking $450,000 and was originally asking $590,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 43.68% lower than the median priced home. Local competing homes currently for sale include 405 S Brookhurst St, 210 W Temple St and 2525 Lincoln. While the average home in Long Beach, CA is selling in 51 days, 1429 Cherry Ave has a days on market of 297 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1429 Cherry Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1429 Cherry Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
3,536
Lot Size
6,080
Stories
1
Type
Grocery, Supermarket
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
7261-017-027

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$600,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
33
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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