$1,275,000 - 1615 Cherry Avenue, Long Beach

  • 9Beds
  • 4Baths
  • 0SQ. Feet
  • 0.17Acres

**Fantastic Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood!** Welcome to your next lucrative 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 2 expansive 3-bedroom apartments and 2 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. - **Prime Location:** 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.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW24015369
  • Price:$1,275,000
  • Bedrooms:9
  • Bathrooms:4.00
  • Acres:0.17
  • Year Built:1949
  • Type:Residential Income
  • Sub-Type:Apartment
  • Style:Contemporary
  • Status:Active
  • Listing Agent:Steven Richardson
  • Listing Office:Y Realty

Community Information

  • Address:1615 Cherry Avenue
  • Area:8 - Signal Hill
  • Subdivision:none
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90813

Amenities

  • Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected
  • Parking Spaces:2
  • Parking:Concrete, Garage, Direct Access, Door-Single, Driveway Level, Garage Faces Front, On Site, Paved
  • # of Garages:2
  • Garages:Concrete, Garage, Direct Access, Door-Single, Driveway Level, Garage Faces Front, On Site, Paved
  • View:City Lights
  • Pool:None

Interior

  • Interior:Carpet, Laminate, Tile
  • Interior Features:Ceiling Fan(s), Open Floorplan, All Bedrooms Down, Laminate Counters, Tile Counters
  • Appliances:Microwave, Refrigerator, Range Hood, Water Heater, Disposal, Gas Range, Gas Water Heater, Self Cleaning Oven
  • Heating:Natural Gas
  • Cooling:None
  • Fireplaces:None
  • # of Stories:1
  • Stories:One

Exterior

  • Exterior:Drywall
  • Exterior Features:Awning(s)
  • Lot Description:0-1 Unit/Acre, Level, Yard, Garden, Lawn, Ranch
  • Construction:Drywall
  • Foundation:Concrete Perimeter, Combination

Additional Information

  • Date Listed:January 23rd, 2024
  • Days on Market:95
  • Zoning:LBCNR

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North Long Beach (nlb)

  • City:
    Long Beach
  • Price Range:
    $719,000 - $1,399,000
  • Current Listings:
    7
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $

  • City:
    Long Beach
  • Price Range:
    $725,000 - $4,650,000
  • Current Listings:
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  • HOA Dues:
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  • Average Price per Square Foot:
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Based on information from California Regional Multiple Listing Service, Inc. as of May 4th, 2024 at 4:55pm CDT. 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. 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, 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.