Millman Team Real Estate

$2,825,000
0.09 Acre Lot

1101 Cherry Avenue, Long Beach, California 90813

  • Residential Income Property Type
  • None Cars Garage
  • 1923 Year Built
Property Description

Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

Basic Details
Residential Income
For Sale
PW25007491
$2,825,000
1923
0.09 Acre
Active
1
Apartment
: Flat Tile
Features
: None
: Wall Furnace
: None
: Wood
: None
: None
: Vinyl
: Gas Dryer Hookup, Common Area
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected, Cable Available
$0
Appliances
: Gas Oven, Dryer, Washer, Refrigerator
Address Map
CA
Los Angeles
Long Beach
90813
Cherry
1101
Avenue
W119° 49' 55.4''
N33° 46' 51''
Cherry between 10th and Anaheim
9 - Poly High
LBR2N
Additional Information
$0
$0
$0
$0
$0
4508
: Sidewalks
: Stucco
220 Volts in Laundry
1
: Two
: 16-20 Units/Acre, Zero Lot Line
16
2025-01-17
2925000
2
2
: Public
Broker/Agent Information
The Mohler Real Estate Group
Shawn Mohler
Listing Information
PMOHLSH2
PB16392
Cash,Cash to New Loan,Conventional
Active
2026-06-19T17:07:46Z
CRMLS
: Standard
2025-01-17T09:12:45Z
Agent info
Ray Millman
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