1615 Cherry Avenue
Long Beach, CA, 90813
$1,199,000
Beds
0 Baths
SqFt
0.17 Acres
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**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.

Property Details

Price:
$1,199,000
MLS #:
PW24015369
Status:
Active
Baths:
0
Address:
1615 Cherry Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
8signalhill
City:
Long Beach
Listed Date:
Jan 23, 2024
State:
CA
ZIP:
90813
Lot Size:
7,290 sqft / 0.17 acres (approx)
Year Built:
1949
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Schools

Interior

Accessibility Features
32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Doors – Swing In, Low Pile Carpeting, No Interior Steps, Parking
Appliances
Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater Central, Water Heater
Cooling
None
Fireplace Features
None
Flooring
Carpet, Laminate, Tile
Heating
Natural Gas
Interior Features
Ceiling Fan(s), Copper Plumbing Partial, Formica Counters, Laminate Counters, Open Floorplan, Tile Counters

Exterior

Community Features
Sidewalks, Street Lights
Electric
Electricity – On Property
Exterior Features
Awning(s)
Fencing
Privacy, Wrought Iron
Foundation Details
Combination, Concrete Perimeter
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre, Garden, Lawn, Lot 6500-9999, Level, Ranch, Yard
Parking Features
Direct Garage Access, Concrete, Paved, Driveway Level, Garage Faces Front, Garage – Single Door, On Site
Parking Spots
2.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
City Lights
Water Source
Public

Financial

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected

Map

Community

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broker reciprocity Courtesy of Y Realty. 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 2024. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
1615 Cherry Avenue
Long Beach, CA