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.
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.