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3930-3940 Cherry Ave
Long Beach, CA 90807
Land For Sale
·
5.16 AC
Investment Highlights
- Paved, Fenced, Lit
Executive Summary
Prime 5.16 Acre Redevelopment or Owner-User Opportunity in Long Beach, CA
3 buildings totaling 34,342 SF situated on 5.16 Acres, or 224,766 SF of land
Situated adjacent to fast-growing “SpaceBeach” and new Anduril 1.18 Million SF development
LBIM zoning in Globemaster Corridor allows for a wide variety of industrial, commercial, and auto uses.
Lease Rate: $TBD
Front tenant lease expires Jan 31, 2027. Back tenant lease expires March 31, 2027
Sale: $22,000,000.00 or $98 PLSF
Two tenants on site. Leased through Jan 2027 and March 2027
Property will be delivered vacant
Paved, Lit, and Fenced
Buyer to verify all utilities on site.
Do not disturb tenant
Call to show - need 48 hours' notice to tour
3 buildings totaling 34,342 SF situated on 5.16 Acres, or 224,766 SF of land
Situated adjacent to fast-growing “SpaceBeach” and new Anduril 1.18 Million SF development
LBIM zoning in Globemaster Corridor allows for a wide variety of industrial, commercial, and auto uses.
Lease Rate: $TBD
Front tenant lease expires Jan 31, 2027. Back tenant lease expires March 31, 2027
Sale: $22,000,000.00 or $98 PLSF
Two tenants on site. Leased through Jan 2027 and March 2027
Property will be delivered vacant
Paved, Lit, and Fenced
Buyer to verify all utilities on site.
Do not disturb tenant
Call to show - need 48 hours' notice to tour
Property Facts
| Sale Type | Owner User | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 5.16 AC |
| Zoning | LBIM - Situated in Long Beach's Globemaster Corridor (SP-3) which calls for a wide variety of industrial, commercial, and auto uses | ||
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 5.16 AC |
| Zoning | LBIM - Situated in Long Beach's Globemaster Corridor (SP-3) which calls for a wide variety of industrial, commercial, and auto uses |
1 Lot Available
Lot
| Price | $22,000,000 | Lot Size | 5.16 AC |
| Price Per AC | $4,263,565.89 |
| Price | $22,000,000 |
| Price Per AC | $4,263,565.89 |
| Lot Size | 5.16 AC |
2 parcels totaling +/- 5.16 acres.
Description
2 parcels totaling +/- 5.16 acres. Front parcel is occupied by an auto dealership with a +/- 22,000 SF building with show room, offices, parts depot, and repair/collision. Also included is a bonus 3,400 SF maintenance garage adjacent to the building with grade level doors. Back parcel has an approximate 14,000 SF metal industrial building situated on 1.67 acres. Fully paved.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,536,459 | |
| Land Assessment | $1,171,959 | Total Assessment | $2,708,418 |
Property Taxes
Parcel Numbers
Land Assessment
$1,171,959
Improvements Assessment
$1,536,459
Total Assessment
$2,708,418
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