232 Cherry Ave

—
Beds
—
Baths
4,263 Sq. Ft.
$276 / Sq. Ft.
4,263
Sq. Ft.
$276
per Sq. Ft.

Description

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....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.
  1. Listed by Spencer Pabst • DRE #01849377 • Brokerage DRE #00858534 • Pabst, Kinney & Associates • 562-884-6875

Property Details for 232 Cherry Avenue

Parking Spaces Total
8
Total Units
4.0
Lot Size Source
Assessor
Building Area Total
4263
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
7263007030
LISTING UPDATED: 06/28/2024 07:52 AM

Property Details for 232 Cherry Avenue

StatusClosed
MLS #PW23188044
Days on Market210
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.17 AC / 7,431 SF
CountyLos Angeles County

Location

Listing Courtesy of Pabst, Kinney & Associates, Spencer Pabst, DRE #01849377

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01905266

Add your commute

Building Information for 232 Cherry Avenue

Stories1Residences-Year Built1920Lot Size0.17 AC / 7,431 SF

Payment Calculator

$6,720 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,727

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 232 Cherry Avenue

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Additional Parcels Description: 7263007029
  • Lot Features: Corner Lot
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 8
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Area: 2714
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: 232 Cherry Building
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $1,120
  • Unit Type Area: 500
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: 238 Cherry (Massage)
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $510
  • Unit Type Area: 300
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: 238 1/2 Cherry (Barber)
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,680
  • Unit Type Area: 750
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: 236 Cherry (1bd/1bth)
Unit Information
  • Number Of Units Leased: 3
  • Number Of Buildings: 2

Property History for 232 Cherry Avenue

DateEvent & SourcePriceAppreciation
Jun 28, 2024

Sold

CRMLS #PW23188044

$1,175,000—
May 6, 2024

Accepting Backup Offers

CRMLS #PW23188044

—
Oct 9, 2023

Listed (Active)

CRMLS #PW23188044

$1,695,000—
DateEvent & SourcePrice
06/28/2024

Sold

CRMLS #PW23188044

$1,175,000
05/06/2024

Accepting Backup Offers

CRMLS #PW23188044

—
10/09/2023

Listed (Active)

CRMLS #PW23188044

$1,695,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 232 Cherry Avenue

Taxable ValueLand$489,600Additions$382,500Total$872,100
Tax Record2025$11,919 ($993 / month)
Home Facts
Total Finished SqFt4,263 SqFtAbove Grade Finished SqFt4,263 SqFtStories1Lot Size4,446 SqFtStyleOffice BuildingYear Built1920ZoningLBCNRCountyLOS ANGELESAPN7263-007-030

Schools near 232 Cherry Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Burbank Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Pabst, Kinney & Associates, Spencer Pabst, DRE #01849377

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.