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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1101 Cherry Avenue, Long Beach – $2,945,000

  • $2.9M Price
  • 1 Bath
  • .09 Acres
  • 310 DOM
  • $2.9M Price
  • 1 Bath
  • .09 Acres
  • 310 DOM

1101 Cherry Avenue

Wow, this Spanish beauty is an absolute bread and butter property in the heart of Long Beach! Most every unit has been remodeled and updated. All units are vintage studios with either Juliet balconies on the 2nd floor or rear doors to a walk way for the lower units. Painted with designer colors, laminate flooring, vintage cabinets and all stoves and refrigerators are seller owned. There is an on-site coin operated laundry room with 2 washers and 2 dryers which adds to the already lucrative income on this property. The exterior has been fully repainted, the roof has a white Elasta-Coasting with a five year warranty to help reduce the heat on the upper apartments. The main exterior panel has had an impressive and massive upgrade. There is a small basement which will show the updates to the foundation and supports of the property. There is a cute slate rear courtyard for the tenants to utilize and also allows access to the rear dead end alley. This is a great property with tremendous opportunity for growth!

Essential Information

  • MLS® #PW25007491
  • Price$2,945,000
  • Bathrooms1.00
  • Acres0.09
  • Year Built1923
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address1101 Cherry Avenue
  • Area9 - Poly High
  • CityLong Beach
  • CountyLos Angeles
  • Zip Code90813

Amenities

  • ParkingNone
  • GaragesNone
  • PoolNone

Utilities

Electricity Connected, Sewer Connected, Water Connected, Cable Available

Interior

  • InteriorVinyl
  • HeatingWall Furnace
  • CoolingNone
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Appliances

Dryer, Gas Oven, Refrigerator, Washer

Exterior

  • ExteriorStucco
  • RoofFlat Tile
  • ConstructionStucco

Lot Description

SixteenToTwentyUnitsAcre, Zero Lot Line

Additional Information

  • Date ListedJanuary 11th, 2025
  • Days on Market310
  • ZoningLBR2N

Listing Details

  • AgentShawn Mohler
  • OfficeThe Mohler Real Estate Group
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Price Change History for 1101 Cherry Avenue, Long Beach, (MLS® #PW25007491)

Date Details Change
Price Reduced from $2,995,000 to $2,945,000 $50,000 (1.67%)
Price Reduced from $2,999,000 to $2,995,000 $4,000 (0.13%)
Price Increased from $2,199,000 to $2,999,000 $800,000 (36.38%)
Price Reduced from $3,145,000 to $2,199,000 $946,000 (30.08%)
Price Reduced from $3,175,000 to $3,145,000 $30,000 (0.94%)
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Shawn Mohler, The Mohler Real Estate Group.

Based on information from California Regional Multiple Listing Service, Inc. as of November 23rd, 2025 at 3:51am PST. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.