tomo logo

$1,199,000

Beds
Unknown
sq ft
3,546

1615 Cherry Ave, Long Beach, CA 90813

1615 Cherry Ave

Long Beach, CA 90813

  • 280 days on market
    • Price drop $56,000↓
**Fantastic Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood!** Welcome to your next lucrative investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density. Key Features: - **Unit Mix:** This well-maintained building consists of 4 units, featuring 2 expansive 3-bedroom apartments and 2 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. - **Prime Location:** Nestled in the vibrant and up-and-coming neighborhood, this property is strategically positioned for optimal access to both the bustling city life and the tranquil beachfront. Residents can enjoy the best of both worlds.

Details

Property type

Apartment

Lot size

7,290 sq ft

Price per sq ft

$339

Year built

1949

Price History

07/18/2024
CRMLS

CRMLS #PW24015369

Price change
$1,199,000
-4.46%
06/05/2024
CRMLS

CRMLS #PW24015369

Price change
$1,255,000
-1.57%
05/03/2024
CRMLS

CRMLS #PW24015369

Price change
$1,275,000
-1.85%

Schools & Community

Neighborhood: 

Poly High District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks

Status: Active

Tomo last checked: 11/05/2024 at 1:15 PM

Listing updated: 10/14/2024 at 10:50 PM

Listed by: Steven Richardson, Y Realty Phone #: (877) 976-5348

MLS: CRMLS #PW24015369

CRMLS logo

Recently listed in Long Beach