1715 Cherry Avenue, Long Beach, California 90813
  • $1,425,000
  • $1,525,000

Overview

Property ID: NP25011374
  • Apartment, Residential Income
  • Property Type
  • 4.0
  • Garages
  • 3426 Sqft
  • Area Size
  • 1949
  • Year Built

Description

1715 Cherry Avenue is a 6-unit multifamily property located in the highly sought-after Long Beach Market of Los Angeles County. The property features a mix of unit configurations, including (1) 2-bedroom, 1-bath unit, and (5) 1-bedroom, 1-bath units. The property offers a fully stabilized investment opportunity with strong cash flow and immediate returns from day one. Residents benefit from the array of dining, shopping, and entertainment options along Cherry Avenue, as well as convenient access to major freeways and key job markets. Given the ongoing shortage of apartment housing and the rising cost of single-family homes in Southern California, Cherry Avenue offers long-term growth for savvy investors. **ASSUMABLE LOAN AVAILABLE @ 3.42% through December of 2026, inquire for details**

  • Address: 1715 Cherry Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90813
  • Country: US

Details

Updated on May 9, 2025 at 5:48 pm
  • Property ID NP25011374
  • Price $1,425,000
  • Property Size 3426 Sqft
  • Land Area 0.1892 Acres
  • Garages 4.0
  • Year Built 1949
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs

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