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Long Beach, CA

$1,056,000

1429 Cherry, Long Beach, CA
1962
Built
287
Days listed

About this home

This is one of the finest freestanding building wherein the business owner operates successful Beer, Wine and Groceries store and has Modified Gross Lease for over 4 years with 3 or more extentions of 5 years each. Current Rent is now $ 6,090 as it goes up EVERY year.

Facts & features

Interior
Heating
Central
Cooling
Central Air
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Exterior & lot
Lot size
0.14 acres (6,081 sq ft)
Year built
1962
Community
Area
7 - North Long Beach
County
Los Angeles
Listing details
Status
Active
Property type
Retail
Days on market
287
Listed
2025-09-22
Terms
Cash, Cash To New Loan
Parcel #
7261017027
MLS #
PW25223960
Listed by
Jigar Shah · Century 21 Discovery
714-626-2000jrshah@pacbell.netDRE #01116918

Location

Price history

Listed
$1,056,000 · 2025-09-22
Days on market
287
Current price
$1,056,000
Financing

Could this home be yours?

Estimated monthly payment
$6,625
$5,340 principal & interest · $1,285 taxes & insurance
$211,200
Estimate only
Loan $844,800

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Listing data provided by CRMLS

Listing courtesy of Century 21 Discovery. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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