1712 Cherry Avenue Active

Long Beach,CA 90813

$ 1950000

10 Beds

7 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24196361

Bedrooms 10

Lot Size 5,995 Sqft

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!
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 Long Beach (90813)

Zoning Assessor

Interior

Heating Natural Gas

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Building

Lot Description Curbs

Story 2

Others

Acceptable Financing Cash,Conventional,Exchange

Space Rent $3,450

Listing Terms Cash,Conventional,Exchange

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