Exceptional value-add opportunity in one of Long Beach's most sought-after and walkable neighborhoods. This two-parcel mixed-use corner investment sits at the high-visibility intersection of 7th Street and Cherry Avenue in the Historic Rose Park District — a rapidly evolving submarket with strong retail demand and stable residential tenancy. The two-building portfolio features seven ground-floor commercial retail suites and nineteen residential apartments offering a diverse mix of unit types and multiple income streams. With rents significantly below market, the asset presents an estimated 20 to 25 percent rental upside achievable through targeted leasing and management efficiencies. No rent control.