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905 Cherry

Long Beach, CA 90813
Square Ft.
15,328
Active
Multifamily
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Property listed by eXp Realty of Greater L.A, Andrew McAllister 925-683-9203
$5,850,000
Two-parcel offering of 26 units in Long Beach: 905 and 915 Cherry Avenue, mirrored 13-unit 1922 buildings sold together as one package. Each building sits on its own parcel below the 16-unit resident-manager threshold, so no manager’s unit or payroll. Unit mix is (24) one-bedrooms and (2) two-bedrooms with (12)… Read MoreRead Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
Apartment
Square Ft.
15,328
Lot Size
0.45 Acres
Year Built
1922
MLS Number
RS26238078
Property Location Map
Additional Details
Building
Built in 1922, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: ground, Construction Materials: Frame, Stucco
Community
Curbs, Gutters, StreetLights, Sidewalks, Urban
Cooling
None
Expenses
Electric: $1,027, Fuel: $2,435, Gardener: $7,421, Insurance: $23,400, Licenses: $2,221, Maintenance: $26,000, Operating: $190,562, Pest Control: $445, Trash: $2,003, Water/Sewer: $10,709, Other Expense: $13,789
Fireplaces
None
Garage
12 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $563,796, Gross ScheduledIncome: $563,796, Net Operating Income: $357,029
Laundry
CommonArea
Lot
0.4475 acres, ThirtySixToFortyUnitsAcre, FrontYard, Lawn, Landscaped, Level, RectangularLot, StreetLevel
Parking
12 open parking spaces, 24 total parking spaces, Assigned, Garage, OnSite, Paved, Uncovered
Pool
None
Property
UpdatedRemodeled
Roof
Flat
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7267015018, Lot: 18
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, 26 separate electric meters, 26 separate gas meters, 2 separate water meters
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Burbank Elementary School 562-439-0997 Public KG-5
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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.