Long Beach, CA 90802,101 107 Cherry AVE
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Long Beach, CA 90802,101 107 Cherry AVE
Long Beach, CA 90802,101 107 Cherry AVE
Long Beach, CA 90802,101 107 Cherry AVE
Long Beach, CA 90802,101 107 Cherry AVE

$3,800,000

Est. payment /mo

$4,250,000

10.6%
Est.Price: ?

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101 107 Cherry AVE Long Beach, CA 90802

12,980 SqFt

SOLD DATE : 04/10/2024

Key Details

Sold Price $3,800,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 12,980 sqft

Price per Sqft $292

MLS Listing ID OC23217739

Sold Date 04/10/24

HOA Y/N No

Year Built 1948

Lot Size 10,018 Sqft

Acres 0.23

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR4N

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7265020015

Energy Description 2075.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest • 714-713-9086
Bought with Tyler Leeson • Marcus & Millichap RE Invest

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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