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!
AGENT: Shawn Mohler LISTING BROKERAGE: The Mohler Real Estate Group
Courtesy of The Mohler Real Estate Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1101 Cherry AV
Long Beach, CA
Property Details
Price:
$2,925,000
MLS #:
PW25007491
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
9polyhigh
Listed Date:
Jan 17, 2025
Total Sq Ft:
4,508
Lot Size:
3,961 sqft / 0.09 acres (approx)
Year Built:
1923
9 – Poly High9polyhigh
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Schools
Interior
Appliances
RF, GO
Cooling
NO
Flooring
VINY
Heating
WL
Laundry Features
CM, GAS, DINC, WINC
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW
Construction Materials
STC
Fencing
WD
Roof
FLT
Financial
Net Operating Income
$223,504
Map
Community
- Address1101 Cherry AV Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
