- **Rezoning Potential:** Take advantage of the ongoing

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Apartment For Sale

1615 Cherry Avenue

Long Beach, California 90813

Los Angeles County

Community: Other (OTHR)

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$1,199,000 10 br, 4.0 bath 3546 sq. ft. 0.167 acres

- **Rezoning Potential:** Take advantage of the ongoing neighborhood transformation! With the current rezoning efforts aimed at increasing apartment density, the savvy new owner stands to benefit significantly from the evolving real estate landscape.

- **Rental Upside:** The existing rents are positioned below the current market rates, presenting a golden opportunity for the new owner to enhance the property's income potential. The potential rent increase of up to 30% ensures a lucrative return on investment.

- **Spacious Layouts:** Each unit boasts large, thoughtfully designed layouts, providing residents with a comfortable and inviting living environment. The spacious interiors make these units highly desirable in the rental market.

- **Investor's Dream:** Whether you're a seasoned investor or a newcomer to real estate, this property offers a solid foundation for growth. With the combination of location, rezoning potential, and the opportunity to increase rents, this is an investor's dream come true.

Don't miss out on the chance to own a piece of the future in this dynamic neighborhood. Seize the opportunity to maximize returns while contributing to the growth and development of this thriving community. Contact us today to schedule a viewing and explore the untapped potential of this remarkable property!


For more information call Steve Richardson at or Email srichardsonrealty

Interior:
  • Bedrooms: 10
  • Baths: 4.0
  • Sq Ft: 3546
  • Year Built: 1949
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: Driveway, Garage, Paved or Surfaced
Exterior:
  • Lot Size: 0.167 acre
  • Lot Dimensions: 
  • View Types: City
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: PW24015369
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Contact Information:
Beach Apartment For Sale in Long Beach, California
Listing Agent: Steven Richardson, Y Realty, 213-344-7856, 877-976-5348 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4558535
Viewed 57 times.
Updated: Jul 18, 2024

This property is a Apartment located at 1615 Cherry Avenue, Long Beach, California 90813, and is currently For Sale at $1,199,000. This Apartment has 10 bedrooms, 4.0 baths, 3546 sq ft.

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