410 Cherry Ave Long Beach, CA 90802

$--

-- Beds
-- Baths
8,940 Sq.Ft.

Off Market

Map preview of 410 Cherry Ave, Long Beach, CA 90802

Property Overview: 410 Cherry Ave Long Beach, CA has -- bedrooms, -- bathrooms, 8,940 living square feet and 7,237 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

410 Cherry Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $800,000. The median price per/sqft for Long Beach is $633. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $160,000 for the down payment and will need roughly $16,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $38,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 410 Cherry Ave

View property's historical transactions

April, 2024
Apr 24, 2024

Date

Hold

CRMLS: PW24021672

$5,200

Price
Jan 30, 2024

Date

Active

CRMLS: PW24021672

$5,200

Price
Listing provided courtesy of CRMLS

GREAT RESTAURANT LOCATION IN LONG BEACH! Prime location in the heart of Long Beach’s Art District area close to Downtown and Alamitos Beach. Approximately 1,068 SF of rentable space available for sublease. This space can be subdivided into two spaces, 203 SF where V Crepes is located and 865 SF where V Burger is located. Unit #422 (V Burger) is a “turnkey” restaurant space. High foot traffic from local retail spaces. Exceptional exposure and visibility. Immaculately maintained space. The current tenant, V Burger, has an excellent reputation and reviews. This is a fantastic opportunity for those looking for a “turnkey” restaurant space with the capabilities to expand. Jump on the opportunity to be located in a highly desirable location by the popular 4th Street in Long Beach. *Current tenant may be interested in transferring their beer and wine license.

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April, 2024
Apr 24, 2024

Date

Hold

CRMLS: PW24033882

$129,000

Price
Feb 17, 2024

Date

Active

CRMLS: PW24033882

$160,000

Price
Listing provided courtesy of CRMLS

LOCATION LOCATION LOCATION!!! GREAT RESTAURANT OPPORTUNITY!!! GIANT PRICE Reduction @ walkable neighborhood just walking distance to the BEACH!!! 2 very well known stablished V-Burger and V-Crepes includes BEER and WINE LICENSE! The restaurant is in immaculate clean conditions ready for you to take over. The business has an excellent reputation and 5 stars reviews on YELP. This is a fantastic opportunity for those looking for a “turnkey” restaurant with the capabilities to expand, implement the current business model or make your own restaurant/bar/coffee shop/etc. Jump on the opportunity to be located in a highly desirable area by the popular 4th Street in Long Beach with a very high foot traffic from local retail spaces. This is a Prime location with lots of potentials, Exceptional exposure and visibility in the heart of Long Beach’s Art District area, close to Downtown and Alamitos Beach. Approximately 1,068 SF space is subdivided into two spaces, 203 SF where V Crepes is located and 865 SF where V Burger is located. This is a “turnkey” restaurant. Total seating capacity: 32 (16 inside and 16 outside)

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Tax History for 410 Cherry Ave

Assessed Value (2020): $553,512

Year	Land Value	Improved Value	Assessed Value
2020	$273,129	$280,383	$553,512

About 410 Cherry Ave

Detailed summary of property

410 Cherry Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Long Beach, CA 90802 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 8,940 living square feet, and sits on an approximately 7,237 square foot lot. Homes in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Local nearby listings include 1335 E Appleton St #8, 2302 E 2nd St #3A and 1515 E 8th St. The average home in Long Beach, CA is selling in 56 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. If you are the homeowner and looking to sell the home at 410 Cherry Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 410 Cherry Ave

Public county record property details

Beds: --
Baths: --
Year built: 1922
Sq. Ft.: 8,940
Lot Size: 7,237
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 7263-003-020

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$525,000

Median List Price/Sq.Ft.

$625

Median Sold Price

$505,000

Median Sold Price/Sq.Ft.

$634

Total Inventory

121

Median Sale to List Price %

96.19%

Avg Days on Market

Loan Type

Conventional (50%), FHA (3.57%), VA (3.57%), Cash (28.57%), Other (10.71%)

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(714) 706-1823

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