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For sale
  • Listed by: The Mohler Real Estate Group • Shawn Mohler • Contact: 562-505-7953
    Price cut: $100K (6/19)
    $2,825,000

    1101 Cherry Ave, Long Beach, CA 90813

    --beds
    16baths
    4,508sqft
    : 
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    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $627/sqft
    $-- HOA

    What's special

    Juliet balconiesVintage cabinetsCute slate rear courtyardImpressive and massive upgradeVintage studiosRear doorsLaminate flooring
    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!
    542 days
    |
    27
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shawn Mohler DRE #01910887 562-505-7953,

    The Mohler Real Estate Group

    Source: CRMLS,MLS#: PW25007491MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 16
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Gas Oven, Refrigerator, Dryer, Washer
      • Laundry: Common Area, Gas Dryer Hookup
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,508
      • Total interior livable area: 4,508 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Fencing: Wood
      Lot
      • Size: 3,961 Square Feet
      • Features: 16-20 Units/Acre, Zero Lot Line
      Details
      • Parcel number: 7261031026
      • Zoning: LBR2N
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Flat Tile
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Electric: 220 Volts in Laundry
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $627/sqft
      • Date on market: 1/17/2025
      • Cumulative days on market: 542 days
      • Listing terms: Cash,Cash to New Loan,Conventional
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,197/mo

        Price history

        DateEventPrice
        6/19/2026Price change$2,825,000-3.4%$627/sqft
        Source: CRMLS #PW25007491 Report a problem
        12/5/2025Price change$2,925,000-0.7%$649/sqft
        Source: CRMLS #PW25007491 Report a problem
        11/17/2025Price change$2,945,000-1.7%$653/sqft
        Source: CRMLS #PW25007491 Report a problem
        10/29/2025Price change$2,995,000-4.8%$664/sqft
        Source: CRMLS #PW25007491 Report a problem
        8/5/2025Price change$3,145,000-0.9%$698/sqft
        Source: CRMLS #PW25007491 Report a problem
        3/17/2025Price change$3,175,000-0.8%$704/sqft
        Source: CRMLS #PW25007491 Report a problem
        1/17/2025Listed for sale$3,199,000$710/sqft
        Source: CRMLS #PW25007491 Report a problem
        11/23/2024Listing removed$1,450
        Source: Zillow Rentals Report a problem
        10/15/2024Price change$1,450-1.7%
        Source: Zillow Rentals Report a problem
        10/10/2024Listed for rent$1,475
        Source: Zillow Rentals Report a problem
        9/11/2024Listing removed$1,475
        Source: Zillow Rentals Report a problem
        9/2/2024Price change$1,475-1.3%
        Source: Zillow Rentals Report a problem
        8/23/2024Price change$1,495-2%
        Source: Zillow Rentals Report a problem
        8/17/2024Listed for rent$1,525+3.4%
        Source: Zillow Rentals Report a problem
        7/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/8/2024Listed for rent$1,475+5.4%
        Source: Zillow Rentals Report a problem
        6/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/25/2024Price change$1,400-1.8%
        Source: Zillow Rentals Report a problem
        4/22/2024Price change$1,425-3.4%
        Source: Zillow Rentals Report a problem
        3/26/2024Price change$1,475-1.7%
        Source: Zillow Rentals Report a problem
        3/21/2024Price change$1,500-1.6%
        Source: Zillow Rentals Report a problem
        3/18/2024Listed for rent$1,525+3.4%
        Source: Zillow Rentals Report a problem
        2/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/9/2023Price change$1,475+1.7%
        Source: Zillow Rentals Report a problem
        1/10/2023Listed for rent$1,450
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hellman

        Getting around

        90 / 100
        Walker's Paradise
        51 / 100
        Good Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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