546 Cherry Avenue is a twelve unit apartment community located in the Retro Row submarket of Downtown Long Beach and offers investors the opportunity to acquire a turn-key property in a strong, non-rent controlled market. The property was originally constructed in 1963 and features two (Studio), seven (1 Bedroom) and 3 (2 Bedroom) units, encompassing a gross area of 8,126 square feet. The building features controlled-access entry, on-site laundry and attached covered parking. The Subject Property is located at 546 Cherry Avenue in the Retro Row neighborhood of Long Beach. The property is situated less than a mile from the ocean and just 3 blocks from the shops and restaurants of Retro Row along East 4th Street.
Off market
$2,287,100
546 Cherry Ave, Long Beach, CA 90802
--beds
0baths
550sqft
MultiFamily
Built in 1963
-- sqft lot
$2,287,100 Zestimate®
$4,158/sqft
$1,868 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Area
Features
- Has fireplace: Yes
- Common walls with other units/homes: 1 common wall
Interior area
- Total interior livable area: 550 sqft
Property
Features
- Levels: Two
Lot
- Size: 8,123 sqft
- Features: Lot-Level/Flat
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- CommonWalls: 1 common wall
- CommunityFeatures: Sidewalks
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- PreviousStandardStatus: Active
- LaundryFeatures: Area
- MLSAreaMajor: 699 - Not Defined
- ParkingFeatures: Assigned, Garage - Front Entry, Covered Parking
- LotFeatures: Lot-Level/Flat
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
Services availability
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Estimated market value
$2,287,100