Long Beach, CA 90813,1712 Cherry Avenue
Long Beach, CA 90813,1712 Cherry Avenue
Long Beach, CA 90813,1712 Cherry Avenue
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Listed by Gevork Jabakchurian • Luxury Collective
$1,699,999
Est. payment /mo
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4,122 SqFt
Active

1712 Cherry Avenue Long Beach, CA 90813

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,122 sqft

Price per Sqft $412

MLS Listing ID CRSR25053462

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1964

Lot Size 5,995 Sqft

Property Sub-Type Quadruplex

Property Description

CASH COW!!! This well-maintained 4-unit property is a prime investment opportunity generating market value income, located just minutes from the beach in the vibrant city of Long Beach, CA. The units are as follows: Unit #1: 3 Bed 3 Bath, pays $3450. Unit #2: 3 Bed 2 Bath, pays $3100. Unit #3: 2 Bed 1 Bath, pays $2400. Unit #4: 2 Bed 1 Bath, pays $2200. Rent totals include income generated from laundry room. 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

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl

Fireplace No

Laundry Common Area, Laundry Room

Exterior

View None

Building

Lot Description Other

Water Public


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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1712 Cherry Avenue