315 Cherry Avenue

Long Beach, CA 90802
$3,145,000
Charming, turnkey, and in a prime location – this is the generational asset you have been looking for! This clean and well-maintained 8-unit property consists of six 1bed/1bath units (over 900 sqft each) and two studio units with four garages. All the units are large, allow for a ton ofRead MoreRead Less
Property listed by Buckingham Investments, Inc, Matthew Mahowald 310 756-5511
Listing Snapshot
Days Online
474
Last Updated
Property Type
Mixed Use
Lot Size
0.16 Acres
Year Built
1923
MLS Number
SB24022524
Property Location Map
Additional Details
Property Access
Road frontage type: Alley, CityStreet, Road surface type: AlleyPaved, Paved
Building
Built in 1923, Building area total: 6,392, Levels: Two, 2 stories, 2 buildings, Architectural style: Spanish, Attached, Common walls: TwoCommonWallsOrMore, Construction materials: Unknown
Community
Biking, Curbs, DogPark, StreetLights, Sidewalks, Gated, Park
Cooling
None
Expenses
Electric expense: $100, Insurance expense: $100, Trash expense: $100, Water sewer expense: $100
Exterior Features
Lighting
Fence
GoodCondition, Security
Fireplaces
None
Floors
Laminate, Vinyl, Wood
Garage
4 spaces
Heating
Ductless
Income
Net operating income: $155,000
Interior Features
BuiltInFeatures, CeilingFans, MultipleStaircases, OpenFloorplan, QuartzCounters, RecessedLighting
Laundry
ElectricDryerHookup, GasDryerHookup, Inside, LaundryCloset, LaundryRoom
Lot
0.1551 acres, 6,756 square feet, Size: 6,756, ZeroToOneUnitAcre, BackYard, FrontYard, Landscaped, NearPark, NearPublicTransit, Paved, StreetLevel
Parking
4 totals parking, Garage, Public
Pool
None
Property
Zoning: LBR1N, None, OceanSideOfHighway
Roof
Flat
Security Features
GatedCommunity, SmokeDetectors
Sewer
PublicSewer
Spa
None
Tenant Pays
Electricity, Gas
Utilities
ElectricityOnProperty, Standard, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
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Monthly Payment
$0
Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.