841 Cherry Avenue is a 6-unit multifamily investment property located in Long Beach, California. Built in 1922, 841 Cherry Avenue offers investors the opportunity to acquire 6 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 a mix of studio & one-bedroom floor plans and 3, garage parking spaces. 841 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, 841 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, 841 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
Under contract
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
$1,250,000
841 Cherry Ave, Long Beach, CA 90813
5beds
6baths
3,311sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$1,205,700 Zestimate®
$378/sqft
$-- HOA
What's special
Garage parking spaces
- 60 days
- on Zillow |
- 23 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 03:04pm
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
Source: CRMLS,MLS#: OC25134358
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,311
- Total interior livable area: 3,311 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: First level
- Pool features: None
Lot
- Size: 6,534 Square Feet
- Features: Street Level
Details
- Parcel number: 7267015019
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Subdivision: Other
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $378/sqft
- Tax assessed value: $540,692
- Annual tax amount: $7,861
- Date on market: 6/16/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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