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Sold for $1,250,000
  • Listing Provided by: Marcus & Millichap RE Invest
    Bought with: Keller Williams Realty Downey
    $1,250,000

    841 Cherry Ave, Long Beach, CA 90813

    5beds
    6baths
    3,311sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $378/sqft
    $2,031 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,031/mo

    Zestimate® history
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    What's special

    Garage parking spaces
    841 Cherry Avenue is a 6-unit multifamily investment property located in Long Beach, California. Built in 1922, 841 Cherry Avenue offers investors the opportunity to acquire 6 well located units in one of Los Angeles County’s most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering a mix of studio & one-bedroom floor plans and 3, garage parking spaces. 841 Cherry Avenue is within walking distance of a variety of lifestyle amenities including Rose Park, the shops and restaurants of Retro Row, and Alamitos Beach. Additionally, the property is just a short commute to employers in Downtown Long Beach and adjacent employment hubs such as the South Bay and Orange County via the 710 and 405 freeways. In summary, 841 Cherry Avenue’s fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With rental upside and strong rental metrics, 841 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Robert Stepp, DRE #01456379

    Keller Williams Realty Downey

    Source: CRMLS,MLS#: OC25134358MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,311
    • Total interior livable area: 3,311 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: None
    Lot
    • Size: 6,534 sqft
    • Features: Street Level
    Details
    • Parcel number: 7267015019
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Other

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    10/15/2025Sold$1,250,000$378/sqft
    Source: CRMLS #OC25134358 Report a problem
    9/9/2025Pending sale$1,250,000$378/sqft
    Source: CRMLS #OC25134358 Report a problem
    9/3/2025Listing removed$1,250,000$378/sqft
    Source: SDMLS #OC25134358 Report a problem
    6/23/2025Listed for sale$1,250,000$378/sqft
    Source: SDMLS #OC25134358 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,242 +4.8%$551,493 +2%
    2024$7,861 +1.8%$540,692 +2%
    2023$7,718 +6.2%$530,103 +2%
    2022$7,267 +2.4%$519,722 +2%
    2021$7,098 +0.3%$509,544 +1%
    2020$7,080 $504,327 +2%
    2019$7,080 +5%$494,451 +2%
    2018$6,745 $484,769 +2.1%
    2017$6,745 +1.1%$474,676 +2%
    2016$6,673 +7.5%$465,370 +1.5%
    2015$6,209 +4.1%$458,381 +2%
    2014$5,962 $449,403 +2.5%
    2012-- $438,600 +40.9%
    2011-- $311,326 +0.5%
    2009-- $309,735 +2%
    2008-- $303,663 +4%
    2006-- $291,873
    2005-- $291,873 +6%
    2003-- $275,400 +313%
    2002-- $66,680 +4%
    2000-- $64,093

    Find assessor info on the county website

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
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