833 Cherry Avenue Pending

Long Beach,CA 90813

$ 1050000

- Bed

- Bath

3028 SqFt


Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 3,028 sqft

Price per Sqft $346

MLS Listing ID CROC25134350

HOA Y/N No

Year Built 1923

Lot Size 6,534 Sqft

Property Sub-Type OTHER

Source Datashare California Regional

Property Description

833 Cherry Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1923, 833 Cherry Avenue offers investors the opportunity to acquire 4 well located units in one of Los Angeles County’s most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering 3, one-bedroom units, 1, two-bedroom home, & 3 garage parking spaces. 833 Cherry Avenue is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the property is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 833 Cherry Avenue’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 833 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Inside

Building

Lot Description Other

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