Long Beach, CA 90813,1615 Cherry Avenue
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$1,185,000
Est. payment /mo
9 Beds
6 Baths
7,290 Sqft Lot
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UPDATED:

12/20/2024 07:34 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24251854

Bedrooms 9

HOA Y/N No

Lot Size 7,290 Sqft

Lot Dimensions 7288

Property Description

Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood! Welcome to your next apartment investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density. Key Features: - Unit Mix: This well-maintained building consists of 4 units, featuring 1 expansive 3-bedroom apartment and 3 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. Nestled in the vibrant and up-and-coming neighborhood, this property is strategically positioned for optimal access to both the bustling city life and the tranquil beachfront. Residents can enjoy the best of both worlds.
Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood! Welcome to your next apartment investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density. Key Features: - Unit Mix: This well-maintained building consists of 4 units, featuring 1 expansive 3-bedroom apartment and 3 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. Nestled in the vibrant and up-and-coming neighborhood, this property is strategically positioned for optimal access to both the bustling city life and the tranquil beachfront. Residents can enjoy the best of both worlds.

Location

State CA

County Los Angeles

Area Long Beach (90813)

Zoning Assessor

Interior

Heating Natural Gas

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $75

Acceptable Financing Seller May Carry

Space Rent $1,500

Listing Terms Seller May Carry


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San Diego Regional MLS (SDMLS)
Listed by Steven Richardson • Y Realty
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

170 Laurel St, Diego, CA, 92101, United States

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1615 Cherry Avenue