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Sold for $4,300,000 on 10/15/25
  • Listing Provided by: 

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with: eXp Realty of Greater L.A
    $4,300,000

    905-915 Cherry Ave, Long Beach, CA 90813

    56beds
    52baths
    15,328sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $4,298,300 Zestimate®
    $281/sqft
    $-- Estimated rent

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    What's special

    905 & 915 Cherry Avenue is a 2-property, 26-unit multifamily portfolio located in Long Beach, California. Built in 1922, 905 & 915 Cherry Avenue offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County’s most desirable rental markets. 905 & 915 Cherry Avenue features an attractive mix of one and two-bedroom floor plans with desirable property amenities including surface and garage parking, and on-site laundry facilities. The portfolio 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 portfolio 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, 905 & 915 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, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

    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:

    Andrew McAllister, DRE #01946829

    eXp Realty of Greater L.A

    Source: CRMLS,MLS#: OC25134383MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 56
    • Bathrooms: 52
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 15,328
    • Total interior livable area: 15,328 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Garage
    • Garage spaces: 15
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: None
    Lot
    • Size: 0.45 Acres
    • Features: Street Level
    Details
    • Additional parcels included: 7267015018
    • Parcel number: 7267015017
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1922

    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
    $4,298,300