$10,000

closing credit¹

1615 Cherry Ave Long Beach, CA 90813

$1,185,000
0.2 acres
Condo

Property details

About 1615 Cherry Ave

Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood! Welcome to your next apartment 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 1 expansive 3-bedroom apartment and 3 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. 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.

Highlights

Home typeCondominium
HeatingNatural Gas
StatusActive
Lot size0.1674 Acres
Year built1949
ParkingConcrete, Direct Access, Driveway Level, Door-Single, Garage Faces Front, Garage, On Site, Paved
MLS #PW24251854
Garage2 spaces
ViewCity Lights

Summary

  • MLS Number: PW24251854
  • MLS Name: CRMLS
  • Office Name: Y Realty
  • Office Phone: (213) 344-7856
  • Listing Agent: Steven Richardson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of single story home

$1,185,000

1615 Cherry Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 08, 2004
Home Sold
$715,000
Jul 15, 2002
Home Sold
$360,000
Nov 08, 1999
Home Sold
$300,000
May 29, 1998
Home Sold
$138,000
Jul 31, 1997
Home Sold
$300,000

Tax history

YearAssessmentProperty Tax
2024$1,027,293$13,687
2023$1,007,165$13,457
2022$987,431$12,641
2021$968,084$12,381
2020$957,476$11,205
2019$856,018$10,840
2018$839,234$10,726
2017$822,779$10,726

History based on county public records data.

Nearby schools

4

John G. Whittier Elementary School

Public District KG-5

0.3 mi

1761 Walnut Ave

8

Alvarado Elementary School

Public District KG-5

0.5 mi

1400 E 20th St

6

Nieto Herrera Elementary School

Public District KG-5

0.6 mi

1620 Temple Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,368. Residents of Long Beach, CA typically earn between $35k-100k each year. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
46%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

27%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1615 Cherry Ave

This home is located at 1615 Cherry Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,185,000.

In January 2025 more than 63 listings in Long Beach, CA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 53 were sold below. The number of homes for sale in Long Beach, CA increased by 5.6% between December and January 2025. The median list price of listings available in January 2025 was $825,147, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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