tomo logo

$859,000

Beds
2
Baths
1.5
sq ft
1,232

35 Cherry Ave Unit 35, Long Beach, CA 90802

35 Cherry Ave Unit 35

Long Beach, CA 90802

  • 5 days on market
    • Open house Feb 02
Welcome to Cherry Flats - Nestled in the heart of Long Beach, this light-filled, breezy condo offers timeless charm with modern conveniences. Perched overlooking Bixby Park and just steps from the Pacific Ocean, this 2-bedroom, 1.5-bathroom home invites you to enjoy the very best of coastal living. As you approach, the classic front porch welcomes you with its ocean views and park-side ambiance perfect for sipping your morning coffee or enjoying the vibrant atmosphere of the neighborhood. Inside, you'll be greeted by beautiful hardwood floors and an open-concept layout that seamlessly connects the living, dining, and kitchen spaces. Convenience is at your fingertips with in-unit laundry, a single-car garage, and an additional designated parking space. Located less than a block from the beach, this home offers direct access to Long Beach's coastal lifestyle. Enjoy weekly farmers markets and daily yoga sessions at Bixby Park, all just steps from your door. With low HOA dues and only four units in the building, this intimate community offers both affordability and exclusivity. Cherry Flats is more than a home, it's a lifestyle. Don't miss this rare opportunity to own a piece of Long Beach history in a prime location!

Details

Property type

Condominium

Est. home value

$814,895

Lot size

Unknown

Price per sq ft

$698

Year built

1919

Monthly HOA fee

$318.38

Price History

01/28/2025
CLAW

CLAW #25490051

Listed
$859,000
+19.31%
02/25/2021
CRMLS

CRMLS #AR20241723

Sold
$720,000
+12.5%
06/18/2018
DesertArea

DesertArea #218013154

Sold
$640,000
+25.49%

Schools & Community

Neighborhood: 

Alamitos Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$194,983
Asking price
$859,000
Closing costs (~8% of asking)
-$68,720
Est. remaining loan balance
-$595,297
Cash to seller
$194,983

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

February 2021

Original loan amount

$655,500

Est. remaining balance

$595,297

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Koiwu Beyan and Kyleigh Nicole Nevis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 5:40 AM

Listing updated: 01/31/2025 at 9:40 AM

Listed by: Michael Maloney, Keller Williams Realty Los Feliz Phone #: (323) 300-1000

MLS: CLAW #25490051

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