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Sold for $3,800,000
  • Listed by: Marcus & Millichap RE Invest • Tyler Leeson • Contact: 949-419-3326
    Bought with: Marcus & Millichap RE Invest
    $3,800,000

    101-107 Cherry Ave, Long Beach, CA 90802

    8beds
    17baths
    12,980sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $1,997,300 Zestimate®
    $293/sqft
    $2,443 Estimated rent

    Home value

    $1,997,300

    $1.60M - $2.50M

    $2,443/mo

    Zestimate® history
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    What's special

    Private balconiesStorage lockersGranite countertopsWalk-in closetsTile backsplashesUnparalleled alamitos beach locationCarpet flooring
    Park Side West Garden Apartments is a 17-unit multifamily investment property located at 101 - 107 Cherry Avenue in Long Beach, CA. Park Side West offers an attractive mix of studio and one-bedroom floor plans and amenities including private balconies (select units) and storage lockers. Units feature a mix of tile and carpet flooring, as well as granite countertops, tile backsplashes, and walk-in closets. Park Side West benefits from its unparalleled Alamitos Beach location, adjacent to Bixby Park and a short walk to popular local beaches. The property is just 0.40 miles from Retro Row, providing residents with easy access to some of Long Beach’s most unique and vibrant shops and restaurants. Additionally, residents enjoy Park Side West’s close proximity to Downtown Long Beach, the city’s cultural and financial hub. Furthermore, the property is just over 1.50 miles from the abundance of retail, dining, and entertainment options at Belmont Shore’s 2nd Street. The property’s ideal Long Beach location surrounded by neighborhoods offering a wide variety of outdoor activities as well as employment, transportation, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Park Side West Garden Apartments.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Leeson DRE #01451551 714-713-9086,

    Marcus & Millichap RE Invest

    Bought with:

    Tyler Leeson, DRE #01451551

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC23217739MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 17
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 12,980
    • Total interior livable area: 12,980 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Level
    • Pool features: None
    Lot
    • Size: 10,018 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 7265020015
    • Zoning: LBR4N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $293/sqft
    • Date on market: 11/28/2023
    • Cumulative days on market: 90 days
    • Listing terms: Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    4/10/2024Sold$3,800,000-10.6%$293/sqft
    Source: CRMLS #OC23217739 Report a problem
    3/13/2024Pending sale$4,250,000$327/sqft
    Source: CRMLS #OC23217739 Report a problem
    2/28/2024Contingent$4,250,000$327/sqft
    Source: CRMLS #OC23217739 Report a problem
    11/29/2023Listed for sale$4,250,000$327/sqft
    Source: CRMLS #OC23217739 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Alamitos Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,997,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,997,300