#PW25079041, Shane Young, Listing Office: Younglewin Advisors, Inc.
$7,000,000 List price
915 Cherry Ave Long Beach, CA 90813
0.8 acres
Condo
Property details
About 915 Cherry Ave
The Cherry Ave Collection, (the “Collection”, the “Portfolio” or the “Property”), is a 36-unit, 4-property multifamily portfolio located in Long Beach, California. Built between 1922 and 1923, the Collection offers investors an opportunity to acquire a sizable footprint in one of Los Angeles County’s most desirable rental markets. The Collection features an attractive mix of studio, one, and two-bedroom floor plans with desirable property amenities including surface and garage parking, on-site laundry (select units feature laundry hookups), and spacious common courtyards. The Collection 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 Collection 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, the Cherry Ave Collection’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, the Collection represents an attractive opportunity for a new owner seeking well located units.
Highlights
Home typeCondominium
StatusActive
Lot size0.75 Acres
Year built1922
MLS #OC25112446
Garage21 spaces
Summary
- Garage Space: 21 spaces
- Private Pool: No
- List Price: $7,000,000
- HOA Amount: $0
- Annual Tax Amount: $18,670
- Tax Year: 2024
- Directions: Cross Streets of Cherry Avenue & 10th Street
- Year Built: 1922
- Stories: 2
- Lot Size: 0.75 Acres
- MLS Number: OC25112446
- MLS Name: CRMLS
- Office Name: Marcus & Millichap RE Invest
- Office Email: tleeson@marcusmillichap.com
- Listing Agent: Tyler Leeson
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: 5/22/2025, 11:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,000,000
915 Cherry Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2010 | Home Sold | $295,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,309,982 | $18,670 |
| 2023 | $1,284,370 | $18,335 |
| 2022 | $1,259,259 | $17,249 |
| 2021 | $1,234,641 | $16,852 |
| 2020 | $1,218,330 | $16,612 |
| 2019 | $1,194,442 | $16,090 |
| 2018 | $1,171,022 | $15,918 |
| 2017 | $1,148,061 | $15,918 |
History based on county public records data.
Nearby schools
6
Burbank Elementary School
Public District KG-5
0.4 mi
•501 Junipero Ave
6
Lincoln Elementary School
Public District KG-5
0.6 mi
•1175 E 11th St
5
Willard Elementary School
Public District KG-5
0.7 mi
•1055 Freeman Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,828. The majority of Long Beach, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
50%
<35k
42%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
31%
Single, with Kids
12%
Married, No Kids
23%
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
32%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 915 Cherry Ave
The listing price of 915 Cherry Ave property is $7,000,000.
The property 915 Cherry Ave is a condo located in Long Beach, California, 90813.
Active Listing: 915 Cherry Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 915 Cherry Ave are: Burbank Elementary School (GreatSchools Rating 6/10), Lincoln Elementary School (GreatSchools Rating 6/10), Willard Elementary School (GreatSchools Rating 5/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10), Renaissance High School for the Arts (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $18,670 (source: MLS/based on county public records data).
The last sale was on August 24, 2010 for $295,000 (source: MLS/tax record).
The property at 915 Cherry Ave has 0 bathroom.
The year of construction for 915 Cherry Ave is 1922.
This home is located at 915 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 May 20, 2025 and is currently priced at $7,000,000.
Over 70 listings were sold over their listed price in April 2025 in Long Beach, CA. In the same period over 65 listings were sold below the listed price and 38 listings were sold for the listed price. The inventory of homes for sale in Long Beach, CA between March and April 2025 increased by 7.6%. In April 2025, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $839,980.
From Rocket Homes Real Estate and based on county public records data.