905 Cherry Avenue

Long Beach CA 90813

19602 sq. ft.

Multi-Family

Last sold for $4,300,000

Tyler Leeson, last sold this property on 15 October 2025 after 106 days on market.

Overview

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 Countys 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 Avenues 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.

Features

3 bedrooms

2 bathrooms

19602 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 905 Cherry Avenue is $2.37m.

Median value

$2.37m

Estimated value range

$1.05m - $4.3m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 905 Cherry Avenue

2025

Sold

$4,300,000

15 Oct 2025 by Tyler Leeson, of Marcus & Millichap Re Invest

Happy sellers in Long Beach

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.