1101 Cherry Avenue Active

Long Beach,CA 90813

$ 3175000

- Bed

- Bath

4508 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,508 sqft

Price per Sqft $704

MLS Listing ID CRPW25007491

HOA Y/N No

Year Built 1923

Lot Size 3,961 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplace No

Appliance Dryer

Laundry Community Facility,Dryer,Washer,Other

Building

Water Public

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