Property
1100 Cherry Avenue is on the market at $1,100,000 (9 bd · 6 ba · 4,188 sqft). See the current listing →
Listing Agent: John Levis (DRE #01886278) · Listing Office: CBRE, INC. · Contact: 310-363-4900 · Bought with: Out of Area South Bay · SOUTH BAY AOR · MLS #SB13155526 · Source: CRMLS
1100 Cherry Avenue sold for $650,000 in September 2013, 10% under its $725,000 list price, after 57 days on the market. Across 82 closed sales in 90813 over the last 12 months, the median sold price is $720,000 and the median is $491 per square foot.
| Quarter | Closed sales in 90813 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $610,000 |
| Q2 2026 | 38 | $750,000 |
| Q3 2026 | 35 | $710,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90813
An excellent unit mix of one 4 bedroom, one 3 bedroom, one 2 bedroom, and one 1 bedroom units there has been and will be very little turn over. The offering presents the investor the unique opportunity to increase rents on a fully upgraded building. The units are large as the price per foot is low, even with under market rents. With interest rates still at historic lows, the buyer has the rare chance to lock in a 30 year fixed rate mortgage with a sub 4% interest rate. This allows for better cash flow and puts the new owner in the position for a great long term hold. The four unit apartment building sits on 5,715 square feet of land and is comprised of 2 separate buildings. Just a short distance away from the 710 and 405 freeways commuting for tenants is a breeze. From the building, tenants have the option to walk to banks, retail, restaurants, as well as public transportation.
Listing description from the September 2013 sale, as reported to CRMLS.
MLS-reported closed sales in 90813, nearest first (last 12 months). All recent sales in Long Beach →
1100 Cherry Avenue last sold in September 2013 for $650,000, according to CRMLS-reported closed sales.
$650,000, 10% below the $725,000 list price, after 57 days on the market.
82 homes closed in ZIP 90813 over the last 12 months at a median of $720,000 ($491 per square foot).
Yes — 1100 Cherry Avenue is currently on the market at $1,100,000. Open the current listing on Nalren for photos, details and the listing agent.