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$ 1,950,000
Est. payment /mo
Active
1712 Cherry Avenue Long Beach, CA 90813
10 Beds
4,122 SqFt
UPDATED:
12/12/2024 10:24 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $473
MLS Listing ID CRSR24196361
Bedrooms 10
HOA Y/N No
Year Built 1964
Lot Size 5,995 Sqft
Acres 0.14
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 Listing
Zoning LBCN
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
View Y/N false
View None
Total Parking Spaces 6
Building
Lot Description Other
New Construction No
Others
Tax ID 7261006024
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Gevork Jabakchurian • Luxury Collective