Compare Listings

The Lyon Stahl investment team consists of dedicated, results-driven brokers, marketing specialists, agents and coordinators, all backed by the most innovative and scalable technology the commercial real estate industry has to offer.

1094 Cherry Ave, Long Beach, CA 90813

Beautifully Remodeled, 5-Unit Cash Cow located at 1094 Cherry Ave., Long Beach. Currently offering a 4.66% Cap rate, Cherry Ave. is an ideal pickup for any exchange buyer or investor looking for a low maintenance, high return investment. Cherry Ave. has a great unit mix, offering (3) 1-Bed/1-Bath & (2) 2-Bed/1-Bath units. Though the title shows only 4-units, the current owner added and has permits for a 5th unit on the property. The property has undergone a full renovation, including major system upgrades to both the plumbing and electricity. Each unit has had interior renovations with new bathrooms/ kitchens, flooring, and paint. There is plenty of parking at the rear of the property, including (3) Garages as well as multiple uncovered spaces. The building is separately metered for gas and electric. With room to raise rents in each unit, this is a great opportunity to capitalize on a cash-flowing asset with rental upside. Do not miss out on an opportunity to own a stabilized asset only blocks away from the $6B development pouring into Downtown Long Beach.

VIEW PROPERTY

Featured Listings

Lyon Stahl provides the very highest level of service to multifamily owners and investors with superior market knowledge and can deliver valuation and analysis of market trends. We have expertise in sales, acquisition, development, finance and valuation, which extends to conventional apartment properties, condo development and conversions, single family, student housing and residential income development land.

Current Listing | Rare Opportunity in High Demand Rental Market of Venice

Daniel Shieh of Lyon Stahl is pleased to present 37 Park Ave, a rare opportunity to own a coveted...

Continue reading
by lyonstahl

Current Listing | Immaculate Condo in the Heart of DTLA’s Arts District

Matt Dunfrund and Gavin Bialecki of Lyon Stahl are pleased to present 629 Traction Ave # 103, an...

Continue reading
by lyonstahl

Closed | Stunning 4-Bed/3.5-Bath Hermosa Beach Home

Austin Zahn of Lyon Stahl is pleased to have closed 940 15th St, a stunning 4-bed, 3.5-bath, 3,200...

Continue reading
by lyonstahl

Current Listing | Charming 2-Bed/2-Bath Condo in the Heart of Silicon Beach

Stephanie Lyon and Julie Lyon of Lyon Stahl are pleased to present 8515 Falmouth Ave #222, a...

Continue reading
by lyonstahl

Closed | Oceanfront Property with Panoramic Views of the Pacific

Brandon Kraus of Lyon Stahl is pleased to have closed 6 Voyage St #102, a silicon beach oceanfront...

Continue reading
by lyonstahl

Current Listing | Unforgettable Penthouse in the Heart of Beverly Hills

Julie & Stephanie Lyon of Lyon Stahl are pleased to present 432 N Oakhurst Dr #PH503, an...

Continue reading
by lyonstahl

Current Listing | Excellent Opportunity For Investor : Triplex in North Long Beach

Woody Stahl and Brett Lyon of Lyon Stahl are pleased to present 1672 E 56th St, a triplex located...

Continue reading
by lyonstahl

Closed | Upstairs Unit with Manhattan Beach Ocean View

Johnnie Stiegler of Lyon Stahl is pleased to have closed 105 40th St, an upstairs unit in Manhattan...

Continue reading
by lyonstahl