Seller's Agent in 2025
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
5 in this area
155 Total Sales
833 Cherry Ave Long Beach, CA 90813
Hellman Neighborhood
3
Beds
2
Baths
3,028
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Level Lot
- Long Beach Polytechnic High School Rated A
About This Home
As of October 2025833 Cherry Avenue is a 4-unit multifamily investment property located in Long Beach, California. Built in 1923, 833 Cherry Avenue offers investors the opportunity to acquire 4 well located units in one of Los Angeles County’s most desirable rental markets. The property features two buildings on a 0.15-acre parcel offering 3, one-bedroom units, 1, two-bedroom home, & 3 garage parking spaces. 833 Cherry Avenue 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 property 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, 833 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, 833 Cherry Avenue represents an attractive opportunity for a new owner seeking well located units.
Last Agent to Sell the Property
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 06/16/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1923
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 2 Open Parking Spaces
- 3 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,028 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 1852
- Assessor Parcel Number 7267015020
- $878 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,086
- Fuel Expense $1,084
- Insurance Expense $4,000
- Maintenance Expense $3,600
- Trash Expense $1,084
- Water Sewer Expense $1,084
- New Taxes Expense $13,022
- Operating Expense $28,878
- Gross Income $97,980
- Net Operating Income $66,163
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Oct 7, 2025
Sold by
Fsa Capital Lp
Bought by
Flint William Christopher and Flint Lydia Lawler
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$1,050,000
Sold Price
$1,050,000
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.72%
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$261,551
Purchase Details
Closed on
Sep 24, 2001
Sold by
Epstein Arnold
Bought by
Corwin Norma Jean
Purchase Details
Closed on
Sep 19, 2001
Sold by
Kruczak Roma D
Bought by
Clor Luke J and Kruczak Roma D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,050,000 | Commonwealth Land Title Compan | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity-Glendale | |
| Grant Deed | $1,700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $1,050,000 | 0.0% | $347 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $1,050,000 | -- | $347 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,732 | $563,708 | $397,161 | $166,547 |
| 2024 | $7,732 | $552,656 | $389,374 | $163,282 |
| 2023 | $7,599 | $541,821 | $381,740 | $160,081 |
| 2022 | $7,148 | $531,198 | $374,255 | $156,943 |
| 2021 | $6,990 | $520,783 | $366,917 | $153,866 |
| 2020 | $6,972 | $515,444 | $363,155 | $152,289 |
| 2019 | $6,891 | $505,338 | $356,035 | $149,303 |
| 2018 | $6,645 | $495,430 | $349,054 | $146,376 |
| 2016 | $6,110 | $476,193 | $335,500 | $140,693 |
| 2015 | $5,874 | $469,041 | $330,461 | $138,580 |
| 2014 | $5,850 | $459,854 | $323,988 | $135,866 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
-
Robert Stepp
Buyer's Agent in 2025
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
5 in this area
76 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25134350
APN: 7267-015-020
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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