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232 Cherry Ave, Long Beach, CA 90802
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232 Cherry Ave Long Beach, CA 90802

$1,695,000
  • 1 Beds
  • 1 Baths
  • 4,263 Sq.Ft.
For Sale
$1,695,000 Get Pre-Qualified
Map preview of 232 Cherry Ave, Long Beach, CA 90802

Property Overview: 232 Cherry Ave Long Beach, CA has 1 bedrooms, 1 bathrooms, 4,263 living square feet and 7,431 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Exciting Investment Opportunity in Alamitos Beach! Prime Location and Corner Lot. The subject property is on 2 separate parcels, comprised of two commercial buildings and a parking lot. 232 Cherry is comprised of two separate structures, consisting on one 2,695 SF building (currently vacant), and another 1,568 SF building , consisting of two ground floor retail units, and a 2nd story 1bd/1bth apartment unit. 2000 E. Appleton Street consists of 2,985 SF parking lot, and consists of 8 parking spaces. Two blocks from the Ocean and two blocks from 4th Street Retro Row. The property offers tremendous upside and endless possibilities.

Listed by Spencer Pabst | BRE #01849377 | Pabst, Kinney & Associates
Last checked: 4 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 200
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Home details

Lot Sq. Ft
7,431
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW23188044
City
Long Beach
County
Los Angeles
Time on Site
208 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $1,120
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $510
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,680
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 232 Cherry Ave

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Property Details for 232 Cherry Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 7263007030
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Cherry Ave. and Broadway
View more facts & features

Local Long Beach Agent

Sale History for 232 Cherry Ave

Last sold on March 11th, 2020

  • October, 2023

  • Oct 9, 2023

    Date

    Active

    CRMLS: PW23188044

    $1,695,000

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 232 Cherry Ave

Assessed Value (2020): $282,195
Year Land Value Improved Value Assessed Value
2020 $228,415 $53,780 $282,195

Home Value Compared to the Market

This property vs the competition

232 Cherry Ave is listed 111.9% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $397.61 per/sqft which puts the price per square foot 38.26% lower than the median price per square foot for the city of Long Beach.

About 232 Cherry Ave

Detailed summary of property

232 Cherry Ave is a mixed use located in Long Beach, CA 90802 and is currently for sale. This mixed use property offers 1 bedrooms, 1 bathrooms, roughly 4,263 living square feet, and sits on an approximately 7,431 square foot lot. 232 Cherry Ave was first listed on ArdentRealEstateGroup.com on October 9, 2023. The homeowner is currently asking $1,695,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 111.9% higher than the median priced home. Local competing homes currently for sale include 11226 S Broadway, 1478 E 92nd St and 10950 SW Figueroa St. While the average home in Long Beach, CA is selling in 54 days, 232 Cherry Ave has a days on market of 200 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 232 Cherry Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 232 Cherry Ave

Public county record property details
Beds
2
Baths
1
Year built
1920
Sq. Ft.
4,263
Lot Size
4,445
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7263-007-030

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
127
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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