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!
Property Details
Price:
$3,199,000
MLS #:
PW25007491
Status:
Active
Baths:
0
Address:
1101 Cherry Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
9polyhigh
City:
Long Beach
Listed Date:
Jan 11, 2025
State:
CA
ZIP:
90813
Lot Size:
3,961 sqft / 0.09 acres (approx)
Year Built:
1923
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Mortgage Calculator
Schools
Interior
Appliances
Gas Oven, Refrigerator
Cooling
None
Fireplace Features
None
Flooring
Vinyl
Heating
Wall Furnace
Exterior
Community Features
Sidewalks
Electric
220 Volts in Laundry
Fencing
Wood
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre, Zero Lot Line
Parking Features
None
Parking Spots
0.00
Pool Features
None
Roof
Flat Tile
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Map
Community
- Address1101 Cherry Avenue Long Beach CA
- Area9 – Poly High
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
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Courtesy of The Mohler Real Estate Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
1101 Cherry Avenue
Long Beach, CA
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