Seller's Agent in 2025
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
5 in this area
155 Total Sales
915 Cherry Ave Long Beach, CA 90813
Hellman Neighborhood
3
Beds
2
Baths
15,328
Sq Ft
0.45
Acres
Highlights
- 0.45 Acre Lot
- No HOA
- Level Lot
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of October 2025905 & 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.
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 1922
Lot Details
- 0.45 Acre Lot
- No Common Walls
- Level Lot
- 7267015018
Parking
- 15 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 15,328 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 17
- Tax Tract Number 1852
- Assessor Parcel Number 7267015017
- $4,843 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 26 Units
Amenities
- Laundry Facilities
Building Details
- 26 Separate Electric Meters
- 26 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,020
- Fuel Expense $6,020
- Insurance Expense $26,000
- Maintenance Expense $23,400
- Professional Management Expense $20,279
- Trash Expense $6,020
- Water Sewer Expense $6,022
- New Taxes Expense $55,189
- Operating Expense $194,353
- Gross Income $522,497
- Net Operating Income $312,610
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Sold | $4,300,000 | -3.4% | $281 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $4,450,000 | -5.3% | $290 / Sq Ft |
| 06/16/2025 06/16/25 | For Sale | $4,700,000 | -- | $307 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tyler Leeson
-
Andrew McAllister
A
Buyer's Agent in 2025
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
3 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25134383
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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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