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1364 Cherry

Long Beach, CA 90813
Active
Multifamily
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$1,075,000
MOVE IN READY!!! Four units just 1.4 miles from the beach. This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private… Read MoreRead Less
Property listed by Younglewin Advisors, Inc., Daniel Gomez 562-266-7629
Listing Snapshot
Days Online
2
Last Updated
Property Type
Quadruplex
Lot Size
0.12 Acres
Year Built
1924
MLS Number
PW25276740
Property Location Map
Additional Details
Building
Built in 1924, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: ground
Community
Biking, Curbs, StreetLights, Sidewalks
Expenses
Gardener: $1,200, Insurance: $3,816, Maintenance: $2,600, Operating: $24,854, Pest Control: $325, Water/Sewer: $3,060
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $88,680, Gross ScheduledIncome: $84,000, Net Operating Income: $63,825
Laundry
Inside
Lot
0.1194 acres, ZeroToOneUnitAcre, FrontYard
Parking
4 total parking spaces, DoorSingle, Garage, GarageFacesRear
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7261023006, Annual Amount: $14,490, Lot: 5, Year: 2025
Tenant Pays
Electricity, Gas, TrashCollection
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
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Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Nieto Herrera Elementary School 562-494-5101 Public KG-5
Jefferson Leadership Academies 562-438-9904 Public 6-8
Wilson High School 562-433-0481 Public 9-12
Nieto Herrera Elementary School 562-494-5101 Public KG-5
Nieto Herrera Elementary School 562-494-5101 Public KG-5
Jefferson Leadership Academies 562-438-9904 Public 6-8
Wilson High School 562-433-0481 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.