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$1,250,000
32 Days On Site

841 Cherry Avenue
Long Beach, CA 90813

For Sale|Apartment|Active Under Contract
0
Beds
0
Total Baths
3,311
SqFt
$378
/SqFt
1922
Built
Subdivision:
Other
County:
Los Angeles
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]

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841 Cherry Avenue841 Cherry Avenue841 Cherry Avenue841 Cherry Avenue
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841 Cherry Avenue is a 6-unit multifamily investment property located in Long Beach, California. Built in 1922, 841 Cherry Avenue offers investors the opportunity to acquire 6 well located units in one of Los Angeles County’s most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering a mix of studio & one-bedroom floor plans and 3, garage parking spaces. 841 Cherry Avenue 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 property 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, 841 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, 841 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,311 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1922
MLS® Number 
OC25134358
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Active Under Contract
3 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.15
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking Spaces 
3
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3311
Stories 
Two
Water Source 
Public
Zoning 
LBR2N
Interior Features
Laundry Features 
Inside
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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