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101 107 Cherry Avenue, Long Beach, CA 90802
$3,800,000
101 107 Cherry Avenue, Long Beach, CA 90802View this property at 101 107 Cherry Avenue, Long Beach, CA 90802
101 107 Cherry AvenueLong BeachCA90802
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Property Description
Park Side West Garden Apartments is a 17-unit multifamily investment property located at 101 - 107 Cherry Avenue in Long Beach, CA. Park Side West offers an attractive mix of studio and one-bedroom floor plans and amenities including private balconies (select units) and storage lockers. Units feature a mix of tile and carpet flooring, as well as granite countertops, tile backsplashes, and walk-in closets. Park Side West benefits from its unparalleled Alamitos Beach location, adjacent to Bixby Park and a short walk to popular local beaches. The property is just 0.40 miles from Retro Row, providing residents with easy access to some of Long Beach's most unique and vibrant shops and restaurants. Additionally, residents enjoy Park Side West's close proximity to Downtown Long Beach, the city's cultural and financial hub. Furthermore, the property is just over 1.50 miles from the abundance of retail, dining, and entertainment options at Belmont Shore's 2nd Street. The property's ideal Long Beach location surrounded by neighborhoods offering a wide variety of outdoor activities as well as employment, transportation, and retail amenities is a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at Park Side West Garden Apartments.
Full Property Details
Full Property Details for 101 107 Cherry Ave
General
- Sold For: $3,800,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC23217739
- Added to Site: 154 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Nearby Cross Streets: Cherry Avenue & Ocean Boulevard
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 17
- # Electric Meters: 17
Structural Information
- Entry Location: First Level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 12,980
- Year Built: 1948
Unit Information
Unit 1
- Number of Units: 9
- Total Bathrooms: 1
Unit 2
- Number of Units: 8
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Source: Assessor
- Zoning: LBR4N
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $292.76
- Price Per Unit: 250000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Marcus & Millichap RE Invest, Tyler Leeson
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Schools
Schools serving 101 107 Cherry Ave
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
501 Junipero Ave, Long Beach, CA 90814 | PK-5 | 0.5 mi | |
540 Cerritos Ave, Long Beach, CA 90802 | 6-8 | 0.7 mi | |
1600 Atlantic Ave, Long Beach, CA 90813 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 107 Cherry Ave
Date
Details
Price
Change
Source
4/10/2024
Sold
$3,800,000
-10.59%
MLS
11/28/2023
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
101 107 Cherry Avenue, Long Beach, CA 90802 (MLS# OC23217739) is a Multi-Family property that was sold at $3,800,000 on April 10, 2024. Want to learn more about 101 107 Cherry Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.