CA > Long Beach
Long Beach, CA 90813,905 915 Cherry AVE
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Long Beach, CA 90813,905 915 Cherry AVE
Long Beach, CA 90813,905 915 Cherry AVE
Long Beach, CA 90813,905 915 Cherry AVE
Long Beach, CA 90813,905 915 Cherry AVE
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Felicia Morales

Felicia Morales

Lumina Real Estate & Lending

+1(951) 760-8307
$ 4,700,000
Est. payment /mo
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905 915 Cherry AVE Long Beach, CA 90813

0.45 Acres Lot

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25134383

HOA Y/N No

Year Built 1922

Lot Size 0.450 Acres

Property Sub-Type Apartment

Property Description

905 & 915 Cherry Avenue is a 2-property, a 26-unit multifamily portfolio located in Long Beach, California. Built in 1922, 905 & 915 Cherry Avenue offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County's most desirable rental markets. 905 & 915 Cherry Avenue features an attractive mix of one and two-bedroom floor plans with desirable property amenities including surface and garage parking, and on-site laundry facilities. The portfolio is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the portfolio is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 905 & 915 Cherry Avenue's fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 15.0

Garage Description 15.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7267015017

Energy Description 6020.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
agent

Felicia Morales

Broker | License ID: 01471238

+1(951) 760-8307

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905 915 Cherry AVE