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1101 Cherry AvenueLong Beach, CA 90813

For Sale

$2,945,000

Smart Buyer Rebate $29,450

Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

Listed by Shawn Mohler

·

License #01910887

·

The Mohler Real Estate Group

·

562-505-7953

Last updated November 18, 2025

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Source: CRMLS #PW25007491

Listing Facts

  • TypeMulti-family
  • NeighborhoodHellman
  • Days on Prevu306

Amenities

  • Washer/Dryer

Location

Mortgage Calculator

Listing History

11/17/2025
Price Decreased
$2,945,000
10/29/2025
Price Decreased
$2,995,000
10/29/2025
Price Increased
$2,999,000
10/29/2025
Price Decreased
$2,199,000
10/28/2025
Status changed to Active
$3,145,000
10/22/2025
Status changed to Removed from Feed
$3,145,000
10/04/2025
Status changed to Active
$3,145,000
10/03/2025
Status changed to Removed from Feed
$3,145,000
09/20/2025
Status changed to Active
$3,145,000
09/19/2025
Status changed to Removed from Feed
$3,145,000
09/18/2025
Status changed to Active
$3,145,000
09/16/2025
Status changed to Removed from Feed
$3,145,000
09/15/2025
Status changed to Active
$3,145,000
09/14/2025
Status changed to Removed from Feed
$3,145,000
09/12/2025
Status changed to Active
$3,145,000
09/05/2025
Status changed to Removed from Feed
$3,145,000
09/04/2025
Status changed to Active
$3,145,000
09/03/2025
Status changed to Removed from Feed
$3,145,000
08/31/2025
Status changed to Active
$3,145,000
08/30/2025
Status changed to Removed from Feed
$3,145,000
08/05/2025
Price Decreased
$3,145,000
07/24/2025
Status changed to Active
$3,175,000
07/23/2025
Status changed to Removed from Feed
$3,175,000
06/28/2025
Status changed to Active
$3,175,000
06/27/2025
Status changed to Removed from Feed
$3,175,000
03/17/2025
Price Decreased
$3,175,000
01/30/2025
Status changed to Active
$3,199,000
01/29/2025
Status changed to Removed from Feed
$3,199,000
01/17/2025
Listed by The Mohler Real Estate Group
$3,199,000

Property Details for 1101 Cherry Avenue

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 16
  • Property Attached: Yes
  • Roof: Flat Tile
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1923
  • Common Walls: 2+ Common Walls
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: 1

Features

  • Fencing: Wood
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 4,508
  • Building Area Units: Square Feet
  • Lot Features: 16-20 Units/Acre, Zero Lot Line
  • Lot Size Acres: 0.09
  • Lot Size Area: 3,961
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,961
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $223,504.00
  • Operating Expense: $50,756.00

Taxes

  • Parcel Number: 7261031026

Interior

Features

  • Appliances: Gas Oven, Refrigerator, Dryer, Washer
  • Flooring: Vinyl

Other

Location

  • Tax Lot: A

Utilities

Equipment

  • Electric: 220 Volts In Laundry
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.