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**
Sold for $1,320,000 on 05/09/25
Listing Provided by:
Aspen Labrador DRE #02146663 949-463-9892,
Compass,
Kacey Taormina DRE #01920673,
Compass
Bought with: Compass
$1,320,000
1715 Cherry Ave, Long Beach, CA 90813
7beds
6baths
3,426sqft
Multi Family
Built in 1949
-- sqft lot
$1,295,700 Zestimate®
$385/sqft
$2,642 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 09, 2025 at 10:48am
Listing Provided by:
Aspen Labrador DRE #02146663 949-463-9892,
Compass,
Kacey Taormina DRE #01920673,
Compass
Bought with:
Aspen Labrador, DRE #02146663
Compass
Kacey Taormina, DRE #01920673
Compass
Source: CRMLS,MLS#: NP25011374
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 3,426
- Total interior livable area: 3,426 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 8,240 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 7261005008
- Zoning: LBCNR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Long Beach
- Subdivision: Circle (Ca)
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,295,700