1712 Cherry Avenue , Long Beach, CA 90813
Long Beach, CA 90813
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!
Details
| Mls | SR24196361 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 78 |
| Listing Provided By | Luxury Collective 310-909-3464 | Gevork Jabakchurian |
Features
| Sq Feet | 4,122 |
|---|---|
| Storys | 2 |
| Units | 4 |
| Buildings | 2 |
| Zoning | LBCNR |
| Acreage | 0.14 |
| Property View | None |
Market Activity 90813
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 3 Eastside | Circle Area |
| Listing VS Median (in 90813) | |
Price: $1,950,000 low | high Med: $829,500 SqFt: 4,122 low | high Med: 2,141 $ / SqFt: $473 low | high Med: $400 On Site: 78 low | high Med: 244.000000 | |
