1712 Cherry Avenue
$1,950,000
10
7
4,122
4,122
$473
Description
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...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 Gevork Jabakchurian • DRE #02137192 • Luxury Collective • 626-590-2845
- Listed by Eric Delgado • DRE #01831579 • Luxury Collective
Property Details for 1712 Cherry Avenue
View
None
Parking Spaces Total6
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4122
LISTING UPDATED: 11/13/2024 02:05 AM
Property Details for 1712 Cherry Avenue
Status | Active |
---|---|
MLS # | SR24196361 |
Days on Market | 52 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
Lot Size | 0.14 AC / 5,995 SF |
County | Los Angeles County |
Building Information for 1712 Cherry Avenue
Stories2Residences-Year Built1964Building Size-Lot Size0.14 AC / 5,995 SF
Property Information for 1712 Cherry Avenue
Property History for 1712 Cherry Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1712 Cherry Avenue
Taxable ValueLand$1,020,000Additions$561,000Total$1,581,000
Tax Record2024$20,673 ($1,723 / month)
Home Facts
Total Finished SqFt4,122 SqFtAbove Grade Finished SqFt4,122 SqFtLot Size5,994 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLBCNRCountyLOS ANGELESAPN7261-006-024
Schools near 1712 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 |
---|---|---|
Lee 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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