1101 Cherry Avenue

Long Beach, CA 90813
Property listed by The Mohler Real Estate Group, Shawn Mohler 562-505-7953
$2,925,000
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. PaintedRead MoreRead Less
Listing Snapshot
Days Online
330
Last Updated
Property Type
Apartment
Lot Size
0.09 Acres
Year Built
1923
MLS Number
PW25007491
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
GasOven, Refrigerator, Dryer, Washer
Building
Built in 1923, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Stucco
Community
Sidewalks
Cooling
None
Expenses
Electric: $109, Fuel: $4,121, Operating: $50,756, Trash: $3,257, Water/Sewer: $6,561
Fence
Wood
Fireplaces
None
Floors
Vinyl
Heating
WallFurnace
Income
Gross Income: $223,504, Gross ScheduledIncome: $274,260, Net Operating Income: $223,504
Laundry
CommonArea, GasDryerHookup
Lot
0.0909 acres, SixteenToTwentyUnitsAcre, ZeroLotLine
Parking
None
Pool
None
Roof
FlatTile
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7261031026, Lot: A, Zoning: LBR2N
Tenant Pays
Electricity
Utilities
CableAvailable, ElectricityConnected, SewerConnected, WaterConnected, Water Source: Public, Volts220InLaundry, 17 separate electric meters
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Monthly Payment
$0
Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.