1712 Cherry AVE Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $483
MLS Listing ID SR24196361
Year Built 1964
Lot Size 5,993 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!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBCNR
Rooms
Ensuite Laundry Common Area,Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Heating Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate,Vinyl
Fireplaces Type None
Laundry Common Area,Laundry Room
Exterior
Garage Assigned,Concrete
Fence Wrought Iron
Pool None
Community Features Curbs
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Shingle
Building
Lot Description Rectangular Lot
Story 2
Foundation Raised,Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae,Freddie Mac,Submit
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae,Freddie Mac,Submit
Special Listing Condition Standard