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816 Cherry

Long Beach, CA 90813
Active
Multifamily
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$1,195,000
Great opportunity to own this well-located 4-plex. The property is a short bike ride to the ocean, a stroll to 4th Street's 'Retro Row', and steps to restaurants, stores, gyms, markets, transportation, and more. The property includes two two-bedroom units and two one-bedroom units. The area is in high demand… Read MoreRead Less
Property listed by Camino Realty, Richard Padilla 310-320-4600
Listing Snapshot
Days Online
17
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1939
MLS Number
SB25247575
30 Days Snapshot Of 90813
$601k
+35%
(avg) sold price
5
-16%
homes sold
56
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1939, Building area total: 2,600, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
StreetLights
Cooling
None
Expenses
Insurance expense: $2,800, Operating expense: $19,300, Water sewer expense: $2,400
Floors
Carpet, Vinyl
Garage
4 spaces
Heating
WallFurnace
Income
Net operating income: $71,900
Laundry
None
Lot
0.1545 acres, 6,731 square feet, Size: 6,731, ZeroToOneUnitAcre
Parking
4 open parking spaces, 8 totals parking, DoorSingle, Garage
Pool
None
Sewer
PublicSewer
Tenant Pays
Electricity, Gas, TrashCollection
Utilities
ElectricityAvailable, NaturalGasAvailable, SewerConnected, WaterConnected
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Monthly Payment
$0
Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Willard Elementary School 562-438-9934 Public KG-5
Jefferson Leadership Academies 562-438-9904 Public 6-8
Wilson High School 562-433-0481 Public 9-12
Willard Elementary School 562-438-9934 Public KG-5
Willard Elementary School 562-438-9934 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.