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101 107 Cherry Avenue, Long Beach, CA 90802

Property

101 107 Cherry Avenue, Long Beach, CA 90802 Sold April 2024 CRMLS
$3,800,000Sold April 2024

Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: 714-713-9086 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest · MLS #OC23217739 · Source: CRMLS

10,019 sqft
Lot Size
1948
Year Built
Property
Type
2
Stories
0
Garage

About this property

Park Side West Garden Apartments is a 17-unit multifamily investment property located at 101 - 107 Cherry Avenue in Long Beach, CA. Park Side West offers an attractive mix of studio and one-bedroom floor plans and amenities including private balconies (select units) and storage lockers. Units feature a mix of tile and carpet flooring, as well as granite countertops, tile backsplashes, and walk-in closets. Park Side West benefits from its unparalleled Alamitos Beach location, adjacent to Bixby Park and a short walk to popular local beaches. The property is just 0.40 miles from Retro Row, providing residents with easy access to some of Long Beach’s most unique and vibrant shops and restaurants. Additionally, residents enjoy Park Side West’s close proximity to Downtown Long Beach, the city’s cultural and financial hub. Furthermore, the property is just over 1.50 miles from the abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. The property’s ideal Long Beach location surrounded by neighborhoods offering a wide variety of outdoor activities as well as employment, transportation, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Park Side West Garden Apartments.

Listing description from the April 2024 sale, as reported to CRMLS.

Sale history

$3,800,000
Sold April 2024 · listed $4,250,000, on market November 2023 · MLS #OC23217739 · Source: CRMLS
Listing Agent: Tyler Leeson · Listing Office: Marcus & Millichap RE Invest · Contact: 714-713-9086 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest
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