833 Cherry Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1923, 833 Cherry Avenue offers investors the opportunity to acquire 4 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 3, one-bedroom units, 1, two-bedroom home, & 3 garage parking spaces. 833 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, 833 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, 833 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
Sold for $1,050,000 on 10/15/25
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
$1,050,000
833 Cherry Ave, Long Beach, CA 90813
10beds
8baths
3,028sqft
Multi Family
Built in 1923
-- sqft lot
$1,010,400 Zestimate®
$347/sqft
$2,491 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2025 at 10:02am
Listing Provided by:
Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,
Marcus & Millichap RE Invest
Bought with:
Robert Stepp, DRE #01456379
Keller Williams Realty Downey
Source: CRMLS,MLS#: OC25134350
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,028
- Total interior livable area: 3,028 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: First level
- Pool features: None
Lot
- Size: 6,534 sqft
- Features: Street Level
Details
- Parcel number: 7267015020
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Long Beach
- Subdivision: Other
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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Estimated market value
$1,010,400