1712 Cherry Avenue

Long Beach, CA 90813
$1,950,000
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 rentalRead MoreRead Less
Property listed by Luxury Collective, Gevork Jabakchurian 626-590-2845
Listing Snapshot
Days Online
50
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1964
MLS Number
SR24196361
30 Days Snapshot Of 90813
$604k
+15%
(avg) sold price
6
+20%
homes sold
81
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: CityStreet, Road surface type: Paved
Appliances & Equipment
Dishwasher, GasCooktop, GasRange, WaterHeater
Building
Built in 1964, Building area total: 4,122, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall, Construction materials: Stucco
Community
Curbs
Cooling
WallWindowUnits
Accessibility Features
Accessibility features: None
Expenses
Electric expense: $888, Fuel expense: $1,050, Insurance expense: $3,206, Operating expense: $7,114, Water sewer expense: $1,970
Fence
WroughtIron
Fireplaces
None
Floors
Laminate, Vinyl
Heating
NaturalGas
Income
Gross income: $400, Net operating income: $127,286
Interior Features
Unfurnished, BedroomOnMainLevel, WalkInClosets
Laundry
CommonArea, LaundryRoom
Lot
0.1376 acres, 5,995 square feet, Size: 5,995, RectangularLot
Parking
6 open parking spaces, 6 totals parking, Assigned, Concrete
Pool
None
Property
Zoning: LBCNR, None
Roof
Shingle
Security Features
CarbonMonoxideDetectors, SmokeDetectors
Sewer
PublicSewer
Spa
None
Tenant Pays
CableTv, Electricity, Gas, Sewer, TrashCollection, Telephone
Utilities
Standard, CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.