Long Beach, CA 90813,1715 Cherry Avenue
Listed by Aspen Labrador • Compass
Bought with Aspen Labrador • Compass
$1,320,000
Est. payment /mo
Est.Price: ?

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3,426 SqFt
SOLD DATE : 05/09/2025

Key Details

Sold Price $1,320,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,426 sqft

Price per Sqft $385

MLS Listing ID CRNP25011374

Year Built 1949

Lot Size 8,240 Sqft

Property Sub-Type Other

Property 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**

Location

State CA

County Los Angeles

Interior

Laundry Other

Building

Water Public

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

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Bay East Association of Realtors

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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