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1715 Cherry Ave
Long Beach, CA 90813
Assumable Loan @ 3.42% · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Assumable Loan @ 3.42% Through December of 2026
  • Strong In-Place Cash Flow
  • High Yielding Unit Mix with (1) 2 bedroom/ 1 bath and (5) 1 bedroom/1 bath Units
  • 4 On-site Garages

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 3,426 SF
Average Occupancy 83%
No. Stories 1
Year Built 1949
Parking Ratio 1.75/1,000 SF
Zoning CNR

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 - -
2+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7261-005-008
Land Assessment
$807,257
Improvements Assessment
$644,830
Total Assessment
$1,452,087
  • Listing ID: 34553159

  • Date on Market: 1/21/2025

  • Last Updated:

  • Address: 1715 Cherry Ave, Long Beach, CA 90813

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