1715 Cherry Avenue, Long Beach, CA 90813

About this property

1715 Cherry Avenue is a 6-unit multifamily property located in the highly sought-after Long Beach Market of Los Angeles County. The property features a mix of unit configurations, including (1) 2-bedroom, 1-bath unit, and (5) 1-bedroom, 1-bath units. The property offers a fully stabilized investment opportunity with strong cash flow and immediate returns from day one. Residents benefit from the array of dining, shopping, and entertainment options along Cherry Avenue, as well as convenient access to major freeways and key job markets. Given the ongoing shortage of apartment housing and the rising cost of single-family homes in Southern California, Cherry Avenue offers long-term growth for savvy investors. **ASSUMABLE LOAN AVAILABLE @ 3.42% through December of 2026, inquire for details**

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$1,320,000

Sold May 2025 · listed $1,425,000, orig. $1,525,000, on market January 2025 · MLS #NP25011374 · Source: CRMLS

Listing Agent: Aspen Labrador · Listing Office: Compass · Contact: 949-463-9892 · Bought with: Aspen Labrador · Compass

$1,215,000

Sold July 2019 · listed $1,225,000, on market January 2019 · MLS #OC19014256 · Source: CRMLS

Listing Agent: Jason Kirklen · Listing Office: Vantis Capital Advisors · Contact: 949-942-1300 · Bought with: Bill Ruane · RE/MAX Estate Properties

$655,000

Sold December 2013 · listed $679,000, on market June 2013 · MLS #PW13119947 · Source: CRMLS

Listing Agent: Richard Bell · Listing Office: Richard Bell, Broker · Contact: 714-309-3549 · Bought with: Dalida Lim · Payone Realty

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