$2,170,000
$2,295,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
787 Cherry AVE Long Beach, CA 90813
6,098 Sqft Lot
Key Details
Sold Price $2,170,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID PW20186491
Sold Date 11/18/20
HOA Y/N No
Year Built 1985
Lot Size 6,098 Sqft
Acres 0.14
Property Description
We are pleased to present an 8-unit apartment building located in Long Beach, California. Built in 1985, the subject property consists of 6,222 rentable square feet spread throughout a 5,894 square foot lot. The unit mix consists of all 2-bedroom / 1-bathroom units. It is separately metered for gas and electricity.
Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean and Downtown Long Beach where there are shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Three Or More
Sewer Public Sewer, Septic Type Unknown, Unknown
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 7267031012
Energy Description 1200.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442