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1081 Cherry Ave
Long Beach, CA 90813 Downtown Long Beach

$1,150,000 USD

Multifamily For Sale  •  2,773 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,773 SF
  • Year Built 1923
  • Zoning LBR2N
60 Transit Score
70 Walk Score

Highlights

18% rental upside available for nearly an 8% cap rate!
With cash-flow on day one!
And located in a rapidly gentrifying neighborhood!

Property Flyers

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 7 min - 3.2 mi
John Wayne/Orange County 28 min - 20.1 mi
Los Angeles International 32 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
John 'Jack' McCann 310-408-0121 Lyon Stahl Investment Real Estate
John 'Jack' McCann 310-408-0121 Lyon Stahl Investment Real Estate