1101 Cherry Avenue

Long Beach, CA 90813 $28,800,000.00 (-90%) Active for $3,199,000

Overview
Map & Location
Median Values
Schools & Score
Property History
Similar Listings

Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 3,961 sqft

Property Facts

MLS	PW25007491
Year Built	1923
Property Type	Apartment
County	Los Angeles
Status	Active
Active	$3,199,000
Structure Size	N/A sqft
Lot Size	3,961 sqft
Beds	N/A
Baths	N/A

Description

Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

Listing information courtesy of: Shawn Mohler, The Mohler Real Estate Group . *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.