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101 Cherry Avenue

Long Beach, CA 90802

$3,800,000 Sale Price
Est. Payment: $ 0/mo
1
Bed
0
Bath
12,980 Sq. Ft.
$327 / Sq. Ft.
Sold

101 Cherry Avenue

Long Beach, CA 90802

Sold
$3,800,000 Sale Price
$0/mo
1
Bed
0
Bath
12,980
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # OC23217739 Lot Size 10,019 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 4,250,000
Price Per SqFt: $ 327
DOM 529 Days
Address 101 Cherry Avenue Type Residential Income
City Long Beach Sq.Ft. 12,980 Sq. Ft.
Postal Code 90802 Garage N/A
County Los Angeles Year Built 1948
Bed / Bath 1 / 0 Parking N/A
Built In 1948 Status Closed
Sold Date 2024-04-10
INTERIOR FEATURES
Has Laundry No
Laundry Information None
EntryLocation First Level
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 92 (Walker's Paradise)
  Transit Score: 46 (Some Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $4,533
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/10/2024 Sold $3,800,000
03/13/2024 Pending $4,250,000
02/28/2024 Active Under Contract $4,250,000
11/28/2023 Listed $4,250,000
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Listing provided courtesy of Tyler Leeson, Marcus & Millichap RE Invest. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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