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1170 Cherry Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
10 Units
Investment Highlights
- True Value-Add Opportunity
- New Pex Pipes and Drain Lines
- Over 30% Rental Upside
- First Time on Market in Over 60 Years
- Three Units Completely Renovated & Two Units Partially Renovated
Property Facts
| No. Units | 10 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 4,320 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | ||
| Zoning | LBR2N | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,320 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | LBR2N |
Amenities
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,000 | - |
| 1+1 | 4 | $1,325 | - |
Property Taxes
| Parcel Number | 7261-032-006 | Improvements Assessment | $1,273,449 |
| Land Assessment | $636,724 | Total Assessment | $1,910,173 |
Property Taxes
Parcel Number
7261-032-006
Land Assessment
$636,724
Improvements Assessment
$1,273,449
Total Assessment
$1,910,173
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