CA > Long Beach
Long Beach, CA 90813,833 Cherry AVE
Long Beach, CA 90813,833 Cherry AVE
Long Beach, CA 90813,833 Cherry AVE
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$1,050,000
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6,534 Sqft Lot
New

833 Cherry AVE Long Beach, CA 90813

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Cole & Monica Mitchell

Cole & Monica Mitchell

Cole Mitchell

+1(818) 875-7561

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25134350

HOA Y/N No

Year Built 1923

Lot Size 6,534 Sqft

Property Sub-Type Apartment

Property Description

833 Cherry Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1923, 833 Cherry Avenue offers investors the opportunity to acquire 4 well located units in one of Los Angeles County's most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering 3, one-bedroom units, 1, two-bedroom home, & 3 garage parking spaces. 833 Cherry Avenue is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the property is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 833 Cherry Avenue's fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 833 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Interior

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7267015020

Energy Description 1084.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
agent
Cole & Monica Mitchell

+1(818) 875-7561 | cole@mitchellteam.net

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833 Cherry AVE