1712 Cherry Avenue

$1,950,000

1712 Cherry Avenue

4,122 Sq.Ft.

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!

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Location

1712 Cherry Avenue, Long Beach, CA 90813

Status

For Sale

Features & Amenities

Interior

Laundry room Common Area, Laundry Room

Fireplace None

Appliances Dishwasher, Gas Cooktop, Gas Range, Water Heater

Flooring Laminate, Vinyl

Other Interior Features Unfurnished, Bedroom on Main Level, Walk-In Closet(s)

Area & Lot

Lot Area 5,995 Sq.Ft.

Living area 4,122 Sq.Ft.

MLS® ID SR24196361

Year Built 1964

View Description None

Type Multi-Family

Status For Sale

Exterior

Stories 2

Pool None

Air conditioning Wall/Window Unit(s)

Heat type Natural Gas

Disability Features None

Water Source Public

Security Features Carbon Monoxide Detector(s), Smoke Detector(s)

Sewer Public Sewer

Parking Assigned, Concrete

Lot Features Rectangular Lot

Roof Shingle

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Finance

Sales Price $1,950,000

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Experience the difference that exceptional service and results can make in your real estate journey. Ashley is dedicated to providing personalized attention and expert guidance to each client, ensuring that your unique needs are met with the highest standards of professionalism.

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$1,950,000

1712 Cherry Avenue

Description

Share Property

Location

Status

Features & Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

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Where we make it happen

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$1,950,000

1712 Cherry Avenue

Description

Share Property

Location

Status

Features & Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Explore More Properties

$3,700,000

$3,095,000

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$1,950,000

$1,949,000

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$1,475,000

Long Beach

Where we make it happen

Get in Touch

Contact Details