1712 Cherry Avenue, Long Beach, Ca 90813 - Photo 1 of 5, Long Beach, CA
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Sold$1,575,000on Jun 18, 2025

1712 Cherry Avenue, Long Beach, Ca 90813

Luxury Collective
10Beds
7Baths
0
47Days Listed

About This Property

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!

Gevork JabakchurianLuxury Collective626-590-2845

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
10
Bathrooms
7
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
47
Cumulative Days on Market
47
Original Price
$1,599,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Long Beach Market Snapshot

584

Active Listings

$765K

Median Price

49

Avg Days on Market

Last updated: Jun 20, 2025

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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,599,000