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Sold for $4,300,000
  • Listed by: Marcus & Millichap RE Invest • Tyler Leeson • Contact: 949-419-3326
    Bought with: eXp Realty of Greater L.A
    $4,300,000

    905-915 Cherry Ave, Long Beach, CA 90813

    28beds
    26baths
    15,328sqft
    Multi Family
    Built in 1922
    -- sqft lot
    $4,315,800 Zestimate®
    $281/sqft
    $2,667 Estimated rent

    Home value

    $4,315,800

    $3.93M - $4.75M

    $2,667/mo

    Zestimate® history
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    $2,667/mo

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    $27,690/mo

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    What's special

    On-site laundry facilitiesSurface and garage parking
    905 & 915 Cherry Avenue is a 2-property, 26-unit multifamily portfolio located in Long Beach, California. Built in 1922, 905 & 915 Cherry Avenue offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County’s most desirable rental markets. 905 & 915 Cherry Avenue features an attractive mix of one and two-bedroom floor plans with desirable property amenities including surface and garage parking, and on-site laundry facilities. The portfolio 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 portfolio 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, 905 & 915 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, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Andrew McAllister, DRE #01946829

    eXp Realty of Greater L.A

    Source: CRMLS,MLS#: OC25134383MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 26
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 15,328
    • Total interior livable area: 15,328 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Garage
    • Garage spaces: 15
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First level
    • Pool features: None
    Lot
    • Size: 0.45 Acres
    • Features: Street Level
    Details
    • Additional parcels included: 7267015018
    • Parcel number: 7267015017
    • 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 & HOA

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

    Financial & listing details

    • Price per square foot: $281/sqft
    • Date on market: 6/16/2025
    • Cumulative days on market: 54 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    10/15/2025Sold$4,300,000-3.4%$281/sqft
    Source: CRMLS #OC25134383 Report a problem
    9/9/2025Pending sale$4,450,000-5.3%$290/sqft
    Source: CRMLS #OC25134383 Report a problem
    6/23/2025Listed for sale$4,700,000$307/sqft
    Source: SDMLS #OC25134383 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hellman

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $4,315,800
    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
    $4,315,800