1712 Cherry AVE, Long Beach, CA 90813 - MLS#CRSR25053462

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Gevork Jabakchurian • Luxury Collective

$ 1,700,000

Est. payment | -/mo

5,995 Sqft Lot

Save

$ 1,700,000

Est. payment | -/mo

Save

5,995 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25053462

Originating Board California Regional MLS

Year Built 1964

Lot Size 5,995 Sqft

Property Sub-Type Fourplex

Property Description

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

Area 3 - Eastside, Circle Area

Rooms

Kitchen Dishwasher, Other, Oven Range - Gas

Interior

Heating Gas

Cooling Window / Wall Unit

Flooring Laminate

Laundry In Laundry Room, Laundry Area

Exterior

Parking Features Assigned Spaces, Other

Garage Spaces 6.0

Pool 31, None

View None

Roof Type Shingle

Building

Foundation Raised, Concrete Slab

Water Hot Water, District - Public

Others

Tax ID 7261006024

Special Listing Condition Not Applicable

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1712 Cherry AVE Long Beach, CA 90813