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905 Cherry, Long Beach

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) on-site garages and on-site laundry. 17 of 26 units have been renovated, including four full 2026 renovations with white shaker cabinetry, quartz counters and stainless appliances. Upgraded electrical throughout both buildings (Buyer to verify); sections of the copper water lines and sewer lines upgraded; SB 721 inspection complete. Listed at a 6.10% cap and 10.38 GRM on current total gross income, with roughly 13% upside as units turn to the $1,845 / $2,445 rents achieved on five 2026 leases. Assumable $3.1M loan at 5.97% interest-only. Seller has conceptual plans for (6) ADUs — (3) per building — converting the rear garage banks and taking the property to 32 units (Buyer to verify). Subject to AB 1482 only; no local rent control. Walking distance to Retro Row and Rose Park, minutes to Downtown and the Space Beach employment corridor.

RS26238078 MLS ⋅ Active Status

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) on-site garages and on-site laundry. 17 of 26 units have been renovated, including four full 2026 renovations with white shaker cabinetry, quartz counters and stainless appliances. Upgraded electrical throughout both buildings (Buyer to verify); sections of the copper water lines and sewer lines upgraded; SB 721 inspection complete. Listed at a 6.10% cap and 10.38 GRM on current total gross income, with roughly 13% upside as units turn to the $1,845 / $2,445 rents achieved on five 2026 leases. Assumable $3.1M loan at 5.97% interest-only. Seller has conceptual plans for (6) ADUs — (3) per building — converting the rear garage banks and taking the property to 32 units (Buyer to verify). Subject to AB 1482 only; no local rent control. Walking distance to Retro Row and Rose Park, minutes to Downtown and the Space Beach employment corridor.

905 Cherry, Long Beach

1548 Pacific Avenue, Long Beach

Classic Long Beach Craftsman on an expansive approximately 7,561 SF lot! Three bedrooms, one bathroom and bonus 4th bedroom (buyer to verify permits and square footage). Seller-described features include original refinished hardwood floors, updated bathroom, newer kitchen granite kitchen counters, gated driveway (no garage) and landscaped front and rear gardens. Huge backyard with room for multiple cars, ADU, RV, garden, dogs, and kids. LB planning says you can build an 800 Sq foot detached ADU, buyer to verify. Attractive for buyers seeking a home with lots of bedrooms space plus exceptionally large outdoor space, as well as those interested in investigating redevelopment potential. Property has paid off solar system included in price. Prior planning review reports RMU4-A zoning and a conceptual 6-8 vunit development scenario; no entitlements or unit count are guaranteed. Buyer to independently verify all zoning, development, parking and property information with the City. Tenant-occupied unit late November property delivered vacant.

3 Beds ⋅ 1 Baths ⋅ 26104412 MLS ⋅ Active Status

Classic Long Beach Craftsman on an expansive approximately 7,561 SF lot! Three bedrooms, one bathroom and bonus 4th bedroom (buyer to verify permits and square footage). Seller-described features include original refinished hardwood floors, updated bathroom, newer kitchen granite kitchen counters, gated driveway (no garage) and landscaped front and rear gardens. Huge backyard with room for multiple cars, ADU, RV, garden, dogs, and kids. LB planning says you can build an 800 Sq foot detached ADU, buyer to verify. Attractive for buyers seeking a home with lots of bedrooms space plus exceptionally large outdoor space, as well as those interested in investigating redevelopment potential. Property has paid off solar system included in price. Prior planning review reports RMU4-A zoning and a conceptual 6-8 vunit development scenario; no entitlements or unit count are guaranteed. Buyer to independently verify all zoning, development, parking and property information with the City. Tenant-occupied unit late November property delivered vacant.

1548 Pacific Avenue, Long Beach

1111 Walnut, Long Beach

This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. The roof was replaced in in 2025, the electrical meters were upgraded, and the plumbing has been partially replaced with copper. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

PW26123123 MLS ⋅ Active Status

This attractive 3-unit income property features a desirable unit mix consisting of one spacious 2-bedroom, 1-bath unit and two well-appointed 1-bedroom, 1-bath units, offering broad appeal to a variety of tenants. Each residence provides a comfortable and functional layout designed to maximize living space and everyday convenience. The property also includes three dedicated on-site parking spaces, a valuable amenity that enhances tenant satisfaction and rental demand. The roof was replaced in in 2025, the electrical meters were upgraded, and the plumbing has been partially replaced with copper. With its efficient unit configuration, off-street parking, and strong income-producing potential, this triplex presents an excellent opportunity for investors seeking a stable multifamily asset or owner-users looking to offset occupancy costs with rental income. Its versatile layout and attractive unit mix make it a compelling addition to any real estate portfolio. Plus, a new roof was installed in 2025 which is a great enhancement to the property.

1111 Walnut, Long Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . 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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