1105 Cherry Ave, Long Beach, California 90813, Long Beach, 90813 - bed, bath
ACTIVE$1,150,000
1105 Cherry Ave, Long Beach, California 90813
0Bed
0Bath
2,059Sqft
6,559Lot
Year Built
1921
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$559
HOA
-
Days on market
-
Sold On
-
MLS number
SB25184177
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.15M(85th), sqft - 2059(38th), beds - undefined(50th), baths - undefined(50th).
Nestled just minutes from the beach and vibrant downtown Long Beach, this Craftsman-style 3-unit property offers a unique investment opportunity or the perfect live/work arrangement. The property offers three (3) units with a mix of (1) three-bedroom / one-bath unit, (1) Two bedroom/ one-bath units and (1) One-bedroom / one-bath unit, along with three (3) secure parking spaces. All units are separately metered. Please submit offer subject to interior visual inspection!
Nearby schools
7/10
Lincoln Elementary School
Public,•K-5•0.5mi
6/10
Franklin Classical Middle School
Public,•6-8•0.8mi
6/10
Polytechnic High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
08/18/25
Listing
$1,150,000
05/11/11
Sold
$350,000
Condition Rating
Poor
Built in 1921, this property's age suggests significant deferred maintenance and outdated major systems (plumbing, electrical, HVAC). While some cosmetic updates like fresh paint, laminate flooring, and a modern ceiling fan are visible in one room, the bathroom features dated tiles, a basic vanity, and older fixtures, indicating no recent comprehensive renovation. The absence of kitchen images further suggests it is likely also dated. The listing's explicit mention of 'Age and Potential for Deferred Maintenance' and 'Lack of Modern Amenities' (like central AC) confirms the need for substantial repairs and rehabilitation to bring the property up to contemporary standards, aligning with a 'poor' condition rating.
Pros & Cons
Pros
Prime Location: Nestled just minutes from the beach and vibrant downtown Long Beach, this property benefits from a highly desirable and active urban setting, appealing to a broad tenant base.
Income-Generating Triplex: As a 3-unit residential income property, it offers significant potential for rental revenue, making it an attractive investment or a flexible live/work arrangement.
Versatile Unit Mix: The property features a diverse unit configuration (3-bed, 2-bed, 1-bed), catering to various tenant needs and potentially ensuring higher occupancy rates.
Secure Off-Street Parking: The inclusion of three secure parking spaces is a significant advantage in an urban area like Long Beach, adding considerable value and tenant appeal.
Separately Metered Units: All units being separately metered simplifies utility management for the landlord and promotes tenant accountability for energy consumption.
Cons
Age and Potential for Deferred Maintenance: Built in 1921, the property is likely to require significant capital expenditure for system upgrades (e.g., plumbing, electrical) and general modernization to maximize rental income and meet contemporary standards.
Inspection Contingency: The 'subject to interior visual inspection' clause suggests the seller may not be providing extensive disclosures, placing the burden on the buyer to conduct thorough due diligence and potentially uncover costly hidden issues.
Lack of Modern Amenities: As an older property, it may lack modern amenities such as central air conditioning, which could be a drawback for tenants during warmer months and necessitate future investment.