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Sold on 04/06/2017
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546 Cherry Ave, Long Beach, CA 90802

  • $3,300,000

    Last sold 04/06/2017 after 64 Days

  • 3

    bed

  • 3

    bath

House not for sale
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About 546 Cherry Ave

Property type House
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 8,126 Sqft
Rental estimate
Property description
546 Cherry Avenue is a twelve unit apartment community located in the Retro Row submarket of Downtown Long Beach and offers investors the opportunity to acquire a turn-key property in a strong, non-rent controlled market. The property was originally constructed in 1963 and features two (Studio), seven (1 Bedroom) and 3 (2 Bedroom) units, encompassing a gross area of 8,126 square feet. The building features controlled-access entry, on-site laundry and attached covered parking. The Subject Property is locat
Listed by
Listing Agent - Robert Stepp
Listing Office - Keller Williams Pacific Estate
Source: San Diego MLS mls logo
MLS#PW17021726 • last updated 6 years ago
Movoto checked San Diego MLS for data 6 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # PW17021726
Lot Size (SqFt) 8126
Year Built 1963
Exterior
Lot Desc Sidewalks
Amenities / Utilities
Sewer/ Septic Other/Remarks
Water Source Other/Remarks
Pool Desc N/K
Location
County Los Angeles
APN 7262025010
Zoning LBR1N
Directions Cherry Avenue And East 6th Street
Multifamily Details
Unit 2: # Bedrooms 1
Unit 3: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 1: Garage Desc Assigned
Unit 2: Actual Rent 1438
Unit 3: Actual Rent 1762
Total # of Units 12
Gross Scheduled Income 2140802
Rental est.: $3,130/month
Gross rent multiplier: 87.9
  • Apr 2017
    mls logo MLS # PW17021726
  • Apr 7, 2017 Sold
    $3,300,000
  • Apr 6, 2017 Sold
    $3,300,000
  • Mar 22, 2017 Pending
    —
  • Feb 1, 2017 Listed
    $3,300,000
  • Feb 1, 2017 Listed
    $3,300,000 (+80.8%)
  • Apr 2017
    Public Records
  • Apr 6, 2017 Sold
    $3,300,000
  • Dec 2015
    Public Records
  • Dec 1, 2015 Sold
    $1,825,000 (+43.7%)
  • Nov 2006
    Public Records
  • Nov 14, 2006 Sold
    $1,270,000
  • 546 Cherry Ave
    $3.3M
  • Franklin School
    $395K -9% y/y
  • 90802
    $469K -6% y/y
  • Long Beach
    $699K -3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
616 Cherry Ave, Long Beach, CA 90802 $998,000 3/2 1,192 0.03
605 Saint Louis Ave, Long Beach, CA 90814 $1,094,000 3/1 1,403 0.03
571 Cherry Ave, Long Beach, CA 90802 $974,000 3/1 1,224 0.03
605 Cherry Ave, Long Beach, CA 90802 $932,000 4/1 1,964 0.04
615 Saint Louis Ave, Long Beach, CA 90814 $1,097,000 2/1 1,128 0.04
611 Cherry Ave, Long Beach, CA 90802 $987,000 2/1 1,276 0.04
508 Cherry Ave, Long Beach, CA 90802 $737,000 2/1 976 0.04
1929 E 6th St, Long Beach, CA 90802 $855,000 2/1 1,038 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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8/10
Burbank Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Jefferson Leadership Academies School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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