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Sold$1,575,000on Jun 18, 2025
1712 Cherry Avenue, Long Beach, Ca 90813
Luxury Collective
10Beds
7Baths
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
More Sold Properties in Long Beach
View allBased 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