1712 Cherry Avenue, Long Beach, CA 90813 - Berkshire Hathaway HomeServices California Properties
1712 Cherry Avenue Long Beach, CA 90813
$1,599,000 0 beds, 0 baths
0 sqft

Agent Remarks

CASH COW!!! This well-maintained 4-unit property is a prime investment opportunity generating high income, located just minutes from the beach. The 4 units are as follows: Unit #1: 3 Bed 3 Bath, pays $3450 per month. Unit #2: 3 Bed 2 Bath, pays $3100 per month. Unit #3: 2 Bed 1 Bath, pays $2400 per month. Unit #4: 2 Bed 1 Bath, pays $2200 per month. 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!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25098606
List price is $1,599,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1964
2 stories
0.14 acres
Lot size: 0.1376
Subdivision: Zaferia
County: Los Angeles
Zoning: LBCNR
Construction: Stucco
Interior features: Unfurnished,Bedroom on Main Level,Walk-In Closet(s)
Appliances: Dishwasher,Gas Cooktop,Gas Range,Water Heater
Parking description: Assigned,Concrete,Paved,Private,One Space
Lot description: Rectangular Lot
Heating/cooling: Wall/Window Unit(s)
Heating description: Natural Gas
MLS area: 3 - Eastside, Circle Area

Last Updated: 5/15/2025

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This listing belongs to the 3 - Eastside, Circle Area MLS area

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Lat/Long: 33.788332, -118.167330.
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Listing Agent: Gevork Jabakchurian
Lic#: 01234982
Office Name: Mission Viejo

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