$1,199,000
Active
43 Days Online
0 Beds0 Baths0 SQFT
Active

1615 Cherry Avenue Long Beach, CA 90813

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**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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site42 Days
  • MLS StatusActive
  • MLS ID NumberPW24015369
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.1674 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Additional Property Use Ranch/Farm
  • Terms Seller May Carry
  • Stories 1 Story

Interior Features

  • Water Heater Type Gas
  • Cooling N/K
  • Heating Natural Gas

Exterior Features

  • Pool N/K

Community Features

  • Spa N/K
  • Security Features Gated Community
  • Neighborhood Zaferia

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Monthly Payment (Est.)

$5,800
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