1712 Cherry Avenue
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 5,995 sqft lot
- 1964 build
- – on site
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!
Listed By CRMLS_CA / Gevork Jabakchurian / Luxury Collective / 626-590-2845
Last checked:
Checking…
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Last updated Oct 18, 2024
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MLS# SR24196361 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1964
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Roof:Shingle
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Entry Level:1
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Foundation:Raised, Slab
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Accessibility Features:None
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Common Walls:1 Common Wall
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Number With Patio:2
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Building Area Total:4122.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:4
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Stories Total:2
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# of Separate Gas Meters:3
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# of Separate Electric Meters:4
Interior
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Features:Unfurnished
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Levels:Two
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Entry Location:Front Doors
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Flooring:Laminate, Vinyl
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Room Type:Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
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Number Wall AC:4
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Fireplace:No
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Fireplace:None
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Laundry:Common Area, Individual Room
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:From PCH turn south on Cherry Avenue and the property will be to your left. It is located on Cherry Avenue in between PCH and East 17th Street.
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Latitude:33.78833200
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Longitude:-118.16733000
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Additions/Alterations, Repairs Cosmetic, Termite Clearance, Updated/Remodeled
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Zoning:LBCNR
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Lot Features:Rectangular Lot
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Lot Size Area:5995.0000
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Lot Size Acres:0.1376
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Lot Size SqFt:5995.00
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Lot Size Source:Assessor
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View:None
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:3
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Tax Census Tract:5751.01
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Tax Tract:575...
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Tax Lot:23
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7261006024
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Showings Begin:2024-09-26
Heating & Cooling
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Heating:1
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Heating:Natural Gas
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Dishwasher, Gas Range, Gas Cooktop, Water Heater
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Included:Yes
The Community
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Senior Community:No
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Features:Curbs
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned, Concrete
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Extra Units
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Average 2 Bed Area:836
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Average 3 Bed Area:1225
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Number With Disposal:4
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/26/24
Sep 26, 2024
|
Listed / Active | CRMLS_CA | $1,995,000 | 28.7% (14.0% / YR) |
12/8/22
Dec 8, 2022
|
Price Changed | CRMLS_CA | ||
11/28/22
Nov 28, 2022
|
Price Changed | CRMLS_CA |