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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
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $1,205,700 Zestimate®
    $378/sqft
    $-- HOA

    What's special

    Garage parking spaces
    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.
    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#: OC25134358MLS LogoOriginating 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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