Bought with Robert Stepp • Keller Williams Realty Downey
$1,250,000
$1,250,000
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3,311 SqFt
SOLD DATE : 10/15/2025
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,311 sqft
Price per Sqft $377
MLS Listing ID CROC25134358
Sold Date 10/15/25
HOA Y/N No
Year Built 1922
Lot Size 6,534 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
841 Cherry Avenue is a 6-unit multifamily investment property located in Long Beach, California. Built in 1922, 841 Cherry Avenue offers investors the opportunity to acquire 6 well located units in one of Los Angeles County's most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering a mix of studio & one-bedroom floor plans and 3, garage parking spaces. 841 Cherry Avenue is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the property is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 841 Cherry Avenue's fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 841 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
Building
Lot Description Level
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