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!
MLS #
CRSR24196361
MLS Source
California Regional MLS
Days on Site
59
Appliances
Dishwasher, Other, Oven Range - Gas
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Gas
Roof
Shingle
Foundation
Raised, Slab
Pool
None
Garage/Parking
Assigned Spaces, Other, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Gevork Jabakchurian
Luxury Collective
License #: 02137192
Phone: –
Co-Listing Agent
Eric Delgado
Luxury Collective
License #: 01831579
Phone: (310) 909-3464
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 836 | – | 0/0 | – |
2 | 1,225 | – | 0/0 | – |
1712 Cherry Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 5,995 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,950,000 and was built in 1964.
This address can also be written as 1712 Cherry Ave, Long Beach, CA 90813.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 13, 2024. For the most current information, please contact Gevork Jabakchurian