1101 Cherry AVE new

Long Beach,CA 90813

$ 3199000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25007491

Originating Board California Regional MLS

Year Built 1923

Lot Size 3,961 Sqft

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!

Location

State CA

County Los Angeles

Area 9 - Poly High

Rooms

Kitchen Refrigerator,Oven - Gas

Interior

Heating Wall Furnace

Cooling None

Laundry Gas Hookup,Washer,Community Facility,Dryer

Exterior

Parking Features No Parking

Pool None

Roof Type Tile

Building

Lot Description Zero Lot Line

Water District - Public

Others

Tax ID 7261031026

Special Listing Condition Not Applicable

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