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!
For sale
Listed by: The Mohler Real Estate Group • Shawn Mohler • Contact: 562-505-7953
Price cut: $25K (8/10)
$2,800,000
1101 Cherry Ave, Long Beach, CA 90813
--beds
16baths
4,508sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$621/sqft
$-- HOA
What's special
Juliet balconiesVintage cabinetsCute slate rear courtyardImpressive and massive upgradeVintage studiosRear doorsLaminate flooring
- 591 days
- 59
- 0
Zillow last checked:
Listing updated:
Listed by:
Shawn Mohler DRE #01910887 562-505-7953,
The Mohler Real Estate Group
Source: CRMLS,MLS#: PW25007491
Originating MLS: California Regional MLS
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: $621/sqft
- Date on market: 1/17/2025
- Cumulative days on market: 592 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$2,259/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $2,800,000-0.9%$621/sqft |
Source: | ||
| 6/19/2026 | Price change | $2,825,000-3.4%$627/sqft |
Source: | ||
| 12/5/2025 | Price change | $2,925,000-0.7%$649/sqft |
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| 11/17/2025 | Price change | $2,945,000-1.7%$653/sqft |
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| 10/29/2025 | Price change | $2,995,000-4.8%$664/sqft |
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| 8/5/2025 | Price change | $3,145,000-0.9%$698/sqft |
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| 3/17/2025 | Price change | $3,175,000-0.8%$704/sqft |
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| 1/17/2025 | Listed for sale | $3,199,000$710/sqft |
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| 11/23/2024 | Listing removed | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 10/15/2024 | Price change | $1,450-1.7% |
Source: Zillow Rentals Report a problem | ||
| 10/10/2024 | Listed for rent | $1,475 |
Source: Zillow Rentals Report a problem | ||
| 9/11/2024 | Listing removed | $1,475 |
Source: Zillow Rentals Report a problem | ||
| 9/2/2024 | Price change | $1,475-1.3% |
Source: Zillow Rentals Report a problem | ||
| 8/23/2024 | Price change | $1,495-2% |
Source: Zillow Rentals Report a problem | ||
| 8/17/2024 | Listed for rent | $1,525+3.4% |
Source: Zillow Rentals Report a problem | ||
| 7/13/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/8/2024 | Listed for rent | $1,475+5.4% |
Source: Zillow Rentals Report a problem | ||
| 6/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/25/2024 | Price change | $1,400-1.8% |
Source: Zillow Rentals Report a problem | ||
| 4/22/2024 | Price change | $1,425-3.4% |
Source: Zillow Rentals Report a problem | ||
| 3/26/2024 | Price change | $1,475-1.7% |
Source: Zillow Rentals Report a problem | ||
| 3/21/2024 | Price change | $1,500-1.6% |
Source: Zillow Rentals Report a problem | ||
| 3/18/2024 | Listed for rent | $1,525+3.4% |
Source: Zillow Rentals Report a problem | ||
| 2/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/9/2023 | Listed for rent | $1,475 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hellman
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