Active
1712 Cherry Avenue
Long Beach CA, 90813
$1,950,000
$473.07 per sqft
Active
4,122 sqft
Multi-family
Built in 1964
Listed by Gevork Jabakchurian with Luxury Collective 626-590-2845
This well-maintained 4-unit property is a prime investment opportunity, located just minutes from the beach in the vibrant city of Long Beach, CA. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income, and modern living. All units are currently occupied and generating strong rental income at market rates, making it an ideal investment with immediate cash flow potential. The property has been well cared for, with all units in excellent condition. The detached 3 bed, 2 bath unit comes with its own private yard, perfect for added privacy and outdoor enjoyment. Tenants will also appreciate the ample parking, with a total of 6 parking spaces available. The lot also has additional space to put storage units which can be rented out to tenants for additional monthly income. Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a desirable location, this multi-unit gem checks all the boxes. Don't miss out on this rare opportunity!
SR24196361
MLSⓇ ID
September 26, 2024
Listed
December 13, 2024
Updated
Map
1712 Cherry Avenue
Long Beach CA, 90813
Interior Features
Total Stories
2
Interior Features
Unfurnished, Bedroom on Main Level, Walk-In Closet(s)
Appliances
Dishwasher, Gas Cooktop, Gas Range, Water Heater
Laundry Description
Common Area, Laundry Room
Floor Description
Laminate, Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Rectangular Lot
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
3 - Eastside, Circle Area
Days on Market
49
Garage
No
Parking
Assigned, Concrete
Parking Total
6
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBCNR
Listing History
Date | Event | Price |
|---|---|---|
11/13/2024 | Price change | $1,950,000 -3% |
Listing Contact: 310-909-3464
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/13/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/13/2024 at 8:36 PM UTC