1715 Cherry Avenue
Long Beach, CA 90813
0.19 acres | #NP25011374
Description
1715 Cherry Avenue is a 6-unit multifamily property located in the highly sought-after Long Beach Market of Los Angeles County. The property features a mix of unit configurations, including (1) 2-bedroom, 1-bath unit, and (5) 1-bedroom, 1-bath units. The property offers a fully stabilized investment opportunity with strong cash flow and immediate returns from day one. Residents benefit from the array of dining, shopping, and entertainment options along Cherry Avenue, as well as convenient access to major freeways and key job markets. Given the ongoing shortage of apartment housing and the rising cost of single-family homes in Southern California, Cherry Avenue offers long-term growth for savvy investors.
**ASSUMABLE LOAN AVAILABLE @ 3.42% through December of 2026, inquire for details**
Property Details
- Lot DescriptionSixToTenUnitsAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- SubdivisionCircle (CA)
- CountyLos Angeles
- Original List Price$1,525,000
- MLS #NP25011374
- MLS #NP25011374
- Property SubtypeMixedUse
- Cost1525000
- Acres0.1892
- Utility SourcePublic
- Year Built1949
- Stories1
- Parking Spaces4
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Aspen Labrador (#np61311)
Listing Office: Compass (#NP60725)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
