See all 18 photos
$3,145,000
Est. payment /mo
6,756 Sqft Lot
Price Dropped by $50K
315 Cherry AVE Long Beach, CA 90802
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UPDATED:
02/14/2025 04:39 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24022524
Style Spanish
Originating Board California Regional MLS
Year Built 1923
Lot Size 6,756 Sqft
Property Description
Charming, turnkey, and in a prime location - this is the generational asset you have been looking for! This clean and well-maintained 8-unit property consists of six 1bed/1bath units (over 900 sqft each) and two studio units with four garages. All the units are large, allow for a ton of natural light inside, have great layouts with cool original features (like French Doors, custom built-ins, fire places, etc.). Plus, the vintage character of this classic Spanish style property has been meticulously preserved, while modern amenities have been added over time like laundry units, AC/Heating units, modern kitchens, lighting, ceiling fans, etc. in each unit. The entire property is secured, has drought-resistant landscaping, and has separate electrical and gas meters for each unit. Located within Alamitos Beach, this highly sought after neighborhood of Costal Long Beach is in close proximity to the best the city has to offer - local parks (Carroll & Bixby Park), local beaches (Alamitos & Junipero Beach), local restaurants (4th Street Corridor & Retro Row), local golf courses, public transportation, etc. Plus, this neighborhood is securely anchored by the thriving local economy that continues to grow within Downtown Long Beach. For the savvy investor, the potential may exist to conver
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Rooms
Kitchen None
Interior
Cooling None
Flooring Laminate
Laundry In Closet, In Laundry Room, Other, 38
Exterior
Parking Features Garage, Common Parking - Public
Garage Spaces 4.0
Pool 31, None
View None
Roof Type Flat / Low Pitch
Building
Lot Description Grade - Level, Paved
Foundation Raised
Water District - Public
Architectural Style Spanish
Others
Tax ID 7275018033
Special Listing Condition Not Applicable

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Listed by Matthew Mahowald • Buckingham Investments, Inc