**Fantastic Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood!**
Welcome to your next lucrative investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density.
**Key Features:**
– **Unit Mix:** This well-maintained building consists of 4 units, featuring 2 expansive 3-bedroom apartments and 2 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort.
– **Prime Location:** Nestled in the vibrant and up-and-coming neighborhood, this property is strategically positioned for optimal access to both the bustling city life and the tranquil beachfront. Residents can enjoy the best of both worlds.
Basic Details
Residential Income
Buy
PW24015369
$1,275,000
9
4
0 Sqft
1949
7,290 Sqft
Active
Apartment
Houses
Features
: Natural Gas
: Privacy, Wrought Iron
: City Lights
: Disposal, Microwave, Refrigerator, Gas Range, Self Cleaning Oven, Gas Water Heater, Range Hood, Water Heater
: Contemporary
: Sidewalks, Gated, Street Lights
2
$0
: Public Sewer
Address
CA
Los Angeles
Long Beach
90813
1615 Cherry Avenue
1615
Avenue
0
W119° 49' 55.4''
N33° 47' 14.9''
Additional Information
24
1
1
1
: One
1
: Common Area
2
3,546 Sqft
1
0 Sqft
0 Sqft
: Ceiling Fan(s), Laminate Counters, Tile Counters, Open Floorplan, Allbedroomsdown
0.17 Sqft
7,290 Sqft
1
: 2+ Common Walls
0 Sqft
LBCNR
7261008027
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
04/03/2024
10/04/2024 03:52:05
$1,299,000
: Standard
CashtoNewLoan
405 South to Cherry Ave South to Pacific Coast Highway
