1715 Cherry Avenue
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 8,240 sqft lot
- 1949 build
- – on site
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**
Listed By CRMLS_CA / Aspen Labrador / Compass / 949-463-9892
Last checked:
Checking…
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Last updated Jan 21, 2025
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MLS# NP25011374 —
The Building
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Year Built:1949
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:3426.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:2
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Stories Total:1
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Entry Level:1
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Common Walls:2+ Common Walls, No One Above, No One Below
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:One
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:East 17th Street & Cherry Avenue
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Latitude:33.78833500
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Longitude:-118.16800900
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LBCNR
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Lot Features:6-10 Units/Acre
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Lot Size Area:8240.0000
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Lot Size Acres:0.1892
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Lot Size SqFt:8240.00
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Lot Size Source:Public Records
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5752.02
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Tax Tract:82
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Tax Lot:33
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7261005008
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Circle (CA)
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Subdivision:Circle (CA)
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Features:Curbs
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/21/25
Jan 21, 2025
|
Listed / Active | CRMLS_CA | $1,525,000 | 132.8% (11.9% / YR) |
7/11/24
Jul 11, 2024
|
Listed / Active | CRMLS_CA | ||
4/3/23
Apr 3, 2023
|
Listed / Active | CRMLS_CA |