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$4,300,000
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Property Description
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 County's 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 Avenue'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, 905 & 915 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
Full Property Details
Full Property Details for 905 915 Cherry Ave
General
- Sold For: $4,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25134383
- Added to Site: 214 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 15
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: Cross Streets of Cherry Avenue & 10th Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 26
- # Electric Meters: 26
Structural Information
- Entry Location: First level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 15,328
- Year Built: 1922
Unit Information
Unit 1
- Number of Units: 24
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.45
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $280.53
- Price Per Unit: 171154
Listed by Marcus & Millichap RE Invest, Tyler Leeson
Sold by eXp Realty of Greater L.A, Andrew McAllister
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Schools
Schools serving 905 915 Cherry Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Burbank Elementary School, Long Beach, CA 501 Junipero Avenue, Long Beach, CA 90814 | K-5 | 0.4 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.7 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 905 915 Cherry Ave
Date
Details
Price
Change
Source
10/15/2025
Sold
$4,300,000
-3.37%
MLS
7/01/2025
Price Reduced
$4,450,000
-5.32%
MLS
6/16/2025
Listed
$4,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
905 915 Cherry Avenue, Long Beach, CA 90813 (MLS# OC25134383) is a Multi-Family property that was sold at $4,300,000 on October 15, 2025. Want to learn more about 905 915 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.

