1712 Cherry Avenue

Long Beach, CA 90813

  • 10 Bed(s)
  • 6.5 Bath(s)
  • 4,122 Sqft
  • 5995
    Sqft(Lot)
$1,950,000

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 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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47036517

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Interior Features: Unfurnished,Bedroom on Main Level,Walk-In Closet(s)
    • Property Appliances: Dishwasher,Gas Cooktop,Gas Range,Water Heater
    • Fireplace: None
    • Flooring: Laminate,Vinyl

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Natural Gas
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1964
    • Building Area Total: 4,122
    • Construction: Stucco
    • Roof: Shingle

    Foundation

    • Raised,Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Common Area,Laundry Room

    Fencing

    • Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1376
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5995

  • Listing Price Information

    • Original List Price: 1,950,000
    • Listing Contract Date: 2024-09-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7261006024

  • Garage and Parking

    • Garage Description: Assigned,Concrete

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Telephone

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 3 - Eastside, Circle Area
    • Postal Code Plus 4: 2520
    • 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.
    • Zoning: LBCNR
    • Source Property Type: Residential Income
    • Area: 3 - Eastside, Circle Area
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 60
    • Common Walls: 1 Common Wall
    • Property Condition: Additions/Alterations,Repairs Cosmetic,Updated/Remodeled
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front Doors
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/15/2024 @ 00:36

  • MLS: SR24196361
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 4,122 sqft, 5,995 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90813, this Los Angeles County Home , it is in the ,Lewis Subdivision, are nearby neighborhoods.