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1715 Cherry Ave
For Sale $1,750,000
$1,750,000
- 6 Units
- Unknown Sq Ft
- 8,238 Sq Ft
- Unknown Cap Rate
Description
1715 Cherry is a multi-unit residential property nestled in the vibrant city of Long Beach. There are (5) one bedroom and one bath units and (1) 2 bedroom 1 bath unit offering comfortable and well-appointed living spaces. Units 1 and 2 are both remodeled and vacant ready for new tenants! Residents benefit from convenient on-site laundry facilities located within the community. 4 separate garages and 2 uncovered parking spaces.
Strategically located, tenants enjoy easy access to nearby dining, shopping, and entertainment venues. This property presents an exceptional investment opportunity for those seeking a reliable income stream in a thriving rental market.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,750,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 4 spots |
| Year Built | 1949 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 7261005008 |
| MLS # | SB24141613 |
| Property ID | 320664339 |
| Lot Sqft | 8,238 |
| Zoning | LBCNR |
| Total Units | 6 |
| Days on Market | 518 |
| Original List Price | $1,750,000 |
| Date Updated | December 27, 2024 |
| Date Created | July 09, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,840 | $0 |
| Net Income (Yr) | $ 115,239 |
Listing Provided By
Bill Ruane an agent of . Lic #00972400
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 27, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT