Request More Info
Schedule a Showing
Share
Print
|
Exceptional value-add opportunity in one of Long Beach's most sought-after and walkable neighborhoods. This two-parcel mixed-use corner investment sits at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District a rapidly evolving submarket with strong retail demand and stable residential tenancy. The two-building portfolio features seven ground-floor commercial retail suites and nineteen residential apartments offering a diverse mix of unit types and multiple income streams. Established long-term tenants anchor both the commercial and residential components, creating immediate and predictable cash flow from day one. The retail spaces have historically maintained strong occupancy while residential rents offer further repositioning potential. No rent control. This offering represents a rare opportunity to acquire a corner mixed-use asset in one of Long Beach's most desirable and high-demand submarkets combining immediate income, long-term appreciation, and substantial value-add potential.
Property Type(s):
Commercial
| Last Updated | 4/16/2026 | Year Built | 1959 |
|---|---|---|---|
| Community | 3 - Eastside, Circle Area | County | Los Angeles |
Additional Details
| AREA | 3 - Eastside, Circle Area |
|---|---|
| LOT | 6277 sq ft |
| LOT DIMENSIONS | 6276 |
| STORIES | 2 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Beverly & Company Luxury Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email