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$ 1,895,000
Est. payment /mo
Price Dropped by $55K
1712 Cherry AVE Long Beach, CA 90813
5,995 Sqft Lot
UPDATED:
01/01/2025 06:06 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24196361
Originating Board California Regional MLS
Year Built 1964
Lot Size 5,995 Sqft
Property 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!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Rooms
Kitchen Dishwasher, Other, Oven Range - Gas
Interior
Heating Gas
Cooling Window / Wall Unit
Flooring Laminate
Laundry In Laundry Room, Laundry Area
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Shingle
Building
Foundation Raised, Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 7261006024
Special Listing Condition Not Applicable
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Listed by Gevork Jabakchurian • Luxury Collective