OFF MARKET
Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838 . Bought with The Mohler Real Estate Group
1101 Cherry Ave
Long Beach, CA 90813
Hellman
Studio
16 Baths
4,508 sqft
- Studio
- 16 Baths
- 4,508 sqft
Studio
16 Baths
4,508 sqft
Homes for Sale Near 1101 Cherry Ave
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Local Information
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Commute Destination
Description
This property is no longer available to rent or to buy. This description is from October 19, 2021
4.93% in place Cap Rate on this pride of ownership 16-unit Apartment Building near the highly desirable Rose Park and Alamitos Beach. The building features newer systems with the entire electrical completely replaced and the plumbing updated to copper. The current owner also did a substantial amount of foundation work and had the foundation certified within the past 2 years. Many of the units have had full renovations but most with many upgrades. 1101 Cherry Ave features a unit mix of (16) Studio Units, offered at only $159k/door! These clean units feature tile floors and countertops, ceiling fans, new paint and plenty of storage space. The subject property also features washers and dryers on site for all tenants. The upside in the Long Beach market is limitless, with $6 Billion in new capital pouring into projects such as the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
56 days ago
Home Details for 1101 Cherry Ave
Interior Features |
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Beds & Baths Number of Bathrooms: 16 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Property Information |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7261031026 |
Price & Status |
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Price List Price: $2,550,000 |
Status Change & Dates Off Market Date: Tue Oct 19 2021 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: Long Beach |
Building |
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Building Area Building Area: 4508 Square Feet |
Community |
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Community Features: Biking, Curbs, Golf, Gutters, SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 3961 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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No Rent Control |
Miscellaneous |
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Mls Number: SB21172174 |
Additional Information |
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BikingCurbsGolfGuttersSidewalks |
Last check for updates: about 8 hours ago
Listed by Cameron Samimi DRE #02035763
Lyon Stahl Investment Real Estate, Inc.
Bought with: Shawn Mohler DRE #01910887, The Mohler Real Estate Group
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB21172174
Price History for 1101 Cherry Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 10/18/2021 | $2,550,000 | Sold | CRMLS #SB21172174 |
| 08/27/2021 | $2,550,000 | Contingent | CRMLS #SB21172174 |
| 08/05/2021 | $2,550,000 | Listed For Sale | CRMLS #SB21172174 |
Comparable Sales for 1101 Cherry Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.33 | Multi-Family Home | $2,350,000 | 12/12/23 | 17 | 17 | 7,617 | |
0.35 | Multi-Family Home | $2,200,000 | 05/11/23 | 202 | 85 | 6,993 | |
0.38 | Multi-Family Home | $1,400,000 | 07/18/23 | 8 | 4 | 4,896 | |
0.50 | Multi-Family Home | $1,278,000 | 06/21/23 | 13 | 8 | 4,066 | |
0.49 | Multi-Family Home | $1,125,000 | 03/18/24 | 8 | 8 | 3,591 | |
0.61 | Multi-Family Home | $1,550,000 | 11/15/23 | 30 | 30 | 7,984 | |
0.10 | Multi-Family Home | $875,000 | 01/26/24 | 7 | 3 | 2,204 | |
0.58 | Multi-Family Home | $1,564,000 | 05/05/23 | 17 | 10 | 6,440 | |
0.80 | Multi-Family Home | $2,250,000 | 05/16/23 | 14 | 8 | 6,040 |
Assigned Schools
These are the assigned schools for 1101 Cherry Ave.
- Franklin Classical Middle School
- 6-8
- Public
- 1200 Students
4/10GreatSchools RatingParent Rating AverageMy daughter went to this school and I hated. Had a bad experience as a parent NOW my youngest daughter was sent to this school. What is the point of making us select a school if they are getting sent to their home school.Parent Review6y ago - Lincoln Elementary School
- K-5
- Public
- 921 Students
6/10GreatSchools RatingParent Rating AverageI've been a substitute at this school for at least four years. I live in the neighborhood. The teachers are amazing and collaborative. The office staff is great. This school really is a family and they truly care about their students. I am currently working as a long term substitute between this school and another school and despite not having technology integrated into the buildings (they have Chromebooks and have been teaching the students with Google Classroom but the buildings themselves have yet to be updated), Lincoln approached distance learning effectively. This is a school where teachers are encouraged to be learners and to collaborate and build each others' strengths.Other Review4y ago - Polytechnic High School
- 9-12
- Public
- 4002 Students
6/10GreatSchools RatingParent Rating AverageLong Beach School District: REMOVE THE MASK MANDATE NOW! You went from promising these kids "two weeks to slow the spread" to nearly TWO YEARS of these mandates. It is time to give our students back their FREEDOM!Parent Review2y ago 
Check out schools near 1101 Cherry Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Hellman
- Trulia User
- Prev. Resident
- 1y ago
"Not many events. You just have to be careful with your surroundings at all times but there’s always good people."
- Lindali A.
- Resident
- 3y ago
"The neighbors are very vigilant. In the middle of downtown LB, Bixby knolls and Belmont shore. Many restaurant and bar choices that are walking distance. "
- Pbrookemummau
- Resident
- 4y ago
"A lot of loud yippee dogs left in front yards all the time, bark constantly. Dogs who walk by often get barked at."
- Long Beach resident
- Resident
- 4y ago
"It has trash and debris everywhere would like to see it cleaned up a bit to make it more safe for pets and children to walk and play "
- anonymous
- Resident
- 4y ago
"4th st Friday’s is great with food and music. Very walkable to downtown as well to enjoy many events on Pine street. "
- Martin M.
- Visitor
- 5y ago
"They are very loving caring and adaptable people. We all look out for each other and speak to each other gatherings get together and holidays are always a pleasure "
- Keeekeeedeee
- Resident
- 5y ago
"I don’t know of any events that happen, except for maybe Halloween and the non-stop fireworks, fire crackers and explosions almost all summer!!"
- Jameiserena
- Resident
- 5y ago
"My commute is fine. I only stay fifteen minutes away from my job. My kids go to school 3 mins from our apartment and the oldest school is 3 minutes from my job"
- Catrina S.
- Prev. Resident
- 5y ago
"a true mix of all types of people. But unless you have a parking space, street parking is packed and difficult to come by"
- Wrighdk
- Resident
- 5y ago
"There are a ton of dog owners here. From what I have witnessed, the owners pick up after their dogs.. "
- Theoleo5622
- Prev. Resident
- 5y ago
"friendly neighborhood, great opportunity raise your family, a lot of activities, shopping center, long beach queens marry, aquarium, shoreline, beaches and many more... "
- Jdginpdx
- Prev. Resident
- 5y ago
"Diversely populated, artsy, creative & community events ALL THE TIME - summer “movies on the beach” and park concert/picnics, festivals for all walks of life."
- Maryannct6
- Resident
- 5y ago
"I currently live here & to be real honest.. there’s always gunshots, drama & can never find parking. "
- Ae90892
- Resident
- 5y ago
"The diversity and the friendly easy going people that lives in this neighborhood makes it unique, all the shops and small businesses are very convenience and a key to keep my neighborhood active and fun"
- Ecazares502
- Resident
- 6y ago
"The vibe. People are friendly. I’m not scared to walk around. Everything is within walking distance, at least the casual stuff. Also, the beach is nearby. The parking is the only thing that sucks."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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. as of 2024-01-24 10:53:37 PST 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1101 Cherry Ave
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Off Market Homes Near 1101 Cherry Ave
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See more homes for sale inLong BeachTake a look
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1101 Cherry Ave, Long Beach, CA 90813 is a studio, 16 bathroom, 4,508 sqft multi-family built in 1923. 1101 Cherry Ave is located in Hellman, Long Beach. This property is not currently available for sale. 1101 Cherry Ave was last sold on Oct 18, 2021 for $2,550,000 (0% higher than the asking price of $2,550,000).