29
See all 29 photos
$7,000,000
Est. payment /mo
3 Beds
3 Baths
0.75 Acres Lot
Active
915 Cherry Avenue Long Beach, CA 90813
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25112446
Bedrooms 3
HOA Y/N No
Lot Size 0.750 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
The Cherry Ave Collection, (the Collection, the Portfolio or the Property), is a 36-unit, 4-property multifamily portfolio located in Long Beach, California. Built between 1922 and 1923, the Collection offers investors an opportunity to acquire a sizable footprint in one of Los Angeles Countys most desirable rental markets. The Collection features an attractive mix of studio, one, and two-bedroom floor plans with desirable property amenities including surface and garage parking, on-site laundry (select units feature laundry hookups), and spacious common courtyards. The Collection 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 Collection 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, the Cherry Ave Collections 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, the Collection represents an attractive opportunity for a new owner seeking well located units.
The Cherry Ave Collection, (the Collection, the Portfolio or the Property), is a 36-unit, 4-property multifamily portfolio located in Long Beach, California. Built between 1922 and 1923, the Collection offers investors an opportunity to acquire a sizable footprint in one of Los Angeles Countys most desirable rental markets. The Collection features an attractive mix of studio, one, and two-bedroom floor plans with desirable property amenities including surface and garage parking, on-site laundry (select units feature laundry hookups), and spacious common courtyards. The Collection 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 Collection 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, the Cherry Ave Collections 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, the Collection represents an attractive opportunity for a new owner seeking well located units.
The Cherry Ave Collection, (the Collection, the Portfolio or the Property), is a 36-unit, 4-property multifamily portfolio located in Long Beach, California. Built between 1922 and 1923, the Collection offers investors an opportunity to acquire a sizable footprint in one of Los Angeles Countys most desirable rental markets. The Collection features an attractive mix of studio, one, and two-bedroom floor plans with desirable property amenities including surface and garage parking, on-site laundry (select units feature laundry hookups), and spacious common courtyards. The Collection 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 Collection 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, the Cherry Ave Collections 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, the Collection represents an attractive opportunity for a new owner seeking well located units.
Location
State CA
County Los Angeles
Area Long Beach (90813)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range .5 to 1 AC
Level or Stories 2 Story
Others
Monthly Total Fees $572
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,395
Listing Terms Cash, Conventional, Exchange
Listed by Tyler Leeson • Marcus & Millichap RE Invest
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Alpine, CA
- Homes For Sale in Carlsbad, CA
- Homes For Sale in El Cajon, CA
- Homes For Sale in Lemon Grove, CA
- Homes For Sale in Jacumba, CA
- Homes For Sale in Rancho Santa Fe, CA
- Homes For Sale in Santee, CA
- Homes For Sale in Lakeside, CA
- Homes For Sale in Poway, CA
- Homes For Sale in Imperial Beach, CA
- Homes For Sale in Oceanside, CA
- Homes For Sale in Encinitas, CA
- Homes For Sale in San Diego, CA
- Homes For Sale in La Jolla, CA
- Homes For Sale in Chula Vista, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Spring Valley, CA
- Homes For Sale in San Marcos, CA
- Homes For Sale in La Mesa, CA
- Homes For Sale in Vista, CA
- Homes For Sale in Escondido, CA
- Homes For Sale in Ramona, CA