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  • Listing Provided by: 

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Price cut: $250K (7/1)
    $4,450,000

    905-915 Cherry Ave, Long Beach, CA 90813

    28beds
    26baths
    15,328sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $4,136,000 Zestimate®
    $290/sqft
    $-- HOA

    What's special

    On-site laundry facilitiesSurface and garage parking
    905 & 915 Cherry Avenue is a 2-property, 26-unit multifamily portfolio located in Long Beach, California. Built in 1922, 905 & 915 Cherry Avenue offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County’s most desirable rental markets. 905 & 915 Cherry Avenue features an attractive mix of one and two-bedroom floor plans with desirable property amenities including surface and garage parking, and on-site laundry facilities. The portfolio 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 portfolio 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, 905 & 915 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, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
    36 days
    on Zillow
    |
    13
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 19, 2025 at 09:21am

    Listing Provided by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC25134383MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 26
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 15,328
    • Total interior livable area: 15,328 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Garage
    • Garage spaces: 15
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: None
    Lot
    • Size: 0.45 Acres
    • Features: Street Level
    Details
    • Additional parcels included: 7267015018
    • Parcel number: 7267015017
    • 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: $290/sqft
    • Date on market: 6/16/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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