1380 Cherry Avenue Long Beach, CA ^$ 1,075,000

1380 Cherry Avenue

^$ 1,075,000

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1380 Cherry Avenue

Long Beach, CA, 90813

^$ 1,075,000

Bedrooms3 Baths4.0 Sq 2,752

Monthly Estimate*

^$ 7,145

Listed by THE REAL ESTATE GROUP

1380 Cherry Avenue, Long Beach, CA 90813 - Image 1

1380 Cherry Avenue, Long Beach, CA 90813 - Image 2

1380 Cherry Avenue, Long Beach, CA 90813 - Image 3

Multi-Family Home for sale in Long Beach, CA

for $1,075,000 with 3 bedrooms and 4 full baths. This 2,752 square foot home was built in 1930 on a lot size of 0.1343.

Great opportunity for business owner operator or live in one and rent others. 4 Units in a busy street 2 Commercial units and 2 Residential. 5 car garage plus a large storage room. Alley access, secure gate.

Multi-Family Active

Price

^$ 1,075,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1343

Year Built

1930

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

IN23212292

Days on Market

210

Features

General

Sewer PublicSewer

Heating NaturalGas

Cooling None

Utilities CableAvailable ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Roof Mixed Shingle SpanishTile

Zoning LBCNR

HOA 0.0

Garage Spaces 5.0

Pool Features None

Year Built 1930

Tenant Pays AllUtilities

View None

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 750.0

Community Features Sidewalks

Accessibility None

County Los Angeles

Net Operating Income 63260.0

Operating Expense 10600.0

Insurance Expense 2200.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name n/a

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions North of Anaheim St / East of Los Alamitos Ave

City Long Beach

Entry Location Cherry Ave

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units SquareFeet

Lot Size Square Feet 5850.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Cherry

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1000.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 1680.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 137

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 2

Total Actual Rent 5405.0

Property Sub Type Additional MixedUse

Exterior

Fencing WroughtIron

Parking Features DoorMulti Driveway Garage GarageFacesSide

Lot Features Item01UnitAcre

Water Source Public

Total Parking 5.0

Lot Size Area 5850.0

Number of Buildings 1

Spa N

Building Area Total 2752.0

Street Suffix Avenue

Lot Size Acres 0.1343

Road Surface Type Paved

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Laundry Features WasherHookup ElectricDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1380

* Excluded Features

List By

The Real Estate Group

Broker

(310) 540-0072

Phone

Affordability Calculator

$7,145

Per Month

Monthly Principal & Interest: $7,145
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$2,074,558

Percent of Sale Price 93%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,075,000	-2.27%	Price Down
11/16/2023	$1,100,000		Listed Price

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1380 Cherry Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,075,000 with 2,752 sqft and a lot size of 0.1343. 1380 Cherry Avenue has 3 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/13/2024. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1380 Cherry Avenue

Multi-Family Home for sale in Long Beach, CA

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