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1615 Cherry Ave Long Beach, CA, 90813
$1,275,000 $24,000 Home for sale 9 beds 3,546 sqft
**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.
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Property details
3,546 sqft interior area
Property type
Home
Interior area
3,546 sqft
View
City Lights
Land area
7,405 sqft (0.17 acres)
Price per sqft
$359/sqft
Days on Verhouse
113
Address
1615 Cherry Ave, Long Beach, CA, 90813
City of California
Long Beach
County
Los Angeles
Previous price
$1,299,000
nr.of parking places
2
Year Built
1949
District
Listing
Open Houses
No upcoming open houses
Interior Features
2 parking places, Laminate, Tile, Carpet floors
Beds
9
Floors
Laminate, Tile, Carpet
Security
Smoke Detector(s)
Parking
2
Garage & Parking
Int Access From Garage, Other, Garage Faces Front
Laundry Features
Community Facility
Heathing & Cooling
No Air Conditioning, Natural Gas
Amenities
Other
Appliances
Gas Water Heater
Listed by
Steven Richardson, Y Realty
Name
Steven Richardson
License number
01510320
Brokerage company
Y Realty
MLS #
CRPW24015369
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Calculate your monthly payments
Mortgage
$3,915
Taxes
$0
HOA dues
$0
Mortgage
$255,000 / 20%
2.28%
30 years
Your amount
$3,915 / month
Exterior Features
Other construction and more
Utilities
Sewer Connected
Construction
Other
Yard
Other, Garden
Lot details
TMK #7261008027
Lot Description
Level, Other, Garden
Parcel nr.
7261008027
90813 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 90813
44%
Families with children
National average: 39%
48%
Non family households
395,855
Population
$88,710
Average Income
Age & gender
Median age 35 years
More info
Commute types
80% commute by car
More info
Education level
21% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
47% have 1 vehicle
More info
Vehicles by gender
47% have 1 vehicle
More info
Housing market insights for
$931.98k
Neighborhood average
sales price*
sales price*
$724.71k
Neighborhood median
sales price*
sales price*
623
Number
of sales*
of sales*
Housing type
31% are small apartments
More info
Rooms
39% of the houses have 4 or 5 rooms
More info
Bedrooms
49% have 2 or 3 bedrooms
More info
Owners vs Renters
68% are renters
More info
7.5 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease May 3, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 3, 2024 | Price Decrease | $1,275,000 -1.85% | 359.56 | MLS #CRPW24015369 |
| May 1, 2024 | For sale | $1,299,000 | 366.33 | MLS #CRPW24015369 |
| Apr 10, 2024 | Under contract | $1,299,000 | 366.33 | MLS #CRPW24015369 |
| Mar 6, 2024 | Pending | $1,299,000 | 366.33 | MLS #CRPW24015369 |
| Feb 21, 2024 | Price Decrease | $1,299,000 -3.78% | 366.33 | MLS #CRPW24015369 |
| Jan 30, 2024 | New Listing | $1,350,000 | 380.71 | MLS #CRPW24015369 |
Taxes of 1615 Cherry Ave, Long Beach, CA, 90813
LBCN zoning / MLS #CRPW24015369
Zoning
LBCN
Agent viewpoints of 1615 Cherry Ave, Long Beach, CA, 90813
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Frequently Asked Questions about 1615 Cherry Ave
What is 1615 Cherry Ave?
1615 Cherry Ave, Long Beach, CA, 90813 is a single family home located in the city of Long Beach, California with zipcode 90813. This single family home has 9 bedrooms with an interior area of 3,546 sqft.
Which year was this home built?
This home was build in 1949.
What is the full address of this Home?
1615 Cherry Ave, Long Beach, CA, 90813.
Are grocery stores nearby?
The closest grocery stores are Northgate Market, 0.64 miles away and La Bodega, 0.68 miles away.
What is the neighborhood like?
The 90813 zip area has a population of 395,855, and 44% of the families have children. The median age is 35.85 years and 80% commute by car. The most popular housing type is "small apartment" and 68% is renter.
Based on information from the bridgeMLS as of 05-21-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 03, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Northgate Market, 0.64 miles away and La Bodega, 0.68 miles away.
The 90813 zip area has a population of 395,855, and 44% of the families have children. The median age is 35.85 years and 80% commute by car. The most popular housing type is "small apartment" and 68% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
