About 1615 Cherry Ave
**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.
Features of 1615 Cherry Ave
| MLS® # | PW24015369MR |
|---|---|
| Price | $1,275,000 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Square Footage | 3,546 |
| Acres | 0.17 |
| Year Built | 1949 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1615 Cherry Ave |
|---|---|
| Area | Signal Hill |
| City | LONG BEACH |
| County | Los Angeles |
| State | CA |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 2 |
|---|---|
| # of Garages | 2 |
| Garages | Garage - 1 Car, Direct Entrance |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Microwave, Range, Self Cleaning Oven |
|---|---|
| Heating | Natural Gas |
| Cooling | None |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Has Basement | No |
Additional Information
| Date Listed | January 23rd, 2024 |
|---|---|
| Days on Market | 110 |
| Zoning | LBCNR |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Richardson (01510320) |
|---|---|
| Office | Y Realty |