$10,000 Closing Credit¹
#OC25053698, Tyler Leeson, Listing Office: Marcus & Millichap RE Invest
#SR25098606·
Listing office: Luxury Collective·
Listing agent: Gevork Jabakchurian·
Listing office phone: 626-590-2845
$1,599,000 List price
1712 Cherry Ave Long Beach, CA 90813
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 1712 Cherry Ave
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!
Highlights
Home typeCondominium
HeatingNatural Gas
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1376 Acres
Year built1964
ParkingAssigned, Concrete, Paved, Private, One Space
MLS #SR25098606
Summary
- Appliances: Dishwasher, Gas Cooktop, Gas Range, Water Heater
- Flooring Type: Laminate, Vinyl
- Interior: Unfurnished, Bedroom on Main Level, Walk-In Closet(s)
- Fireplace: None
- Private Pool: No
- Parking: Assigned, Concrete, Paved, Private, One Space
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $1,599,000
- Annual Tax Amount: $20,672
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: From PCH turn south on Cherry Avenue and the property will be to your left. It is located on Cherry Avenue in between PCH and East 17th Street.
- Year Built: 1964
- Stories: 2
- Lot Size: 0.1376 Acres
- MLS Number: SR25098606
- MLS Name: CRMLS
- Office Name: Luxury Collective
- Office Phone: (626) 590-2845
- Listing Agent: Gevork Jabakchurian
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,599,000
1712 Cherry Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 2022 | Home Sold | $1,550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,581,000 | $20,672 |
| 2023 | $1,550,000 | $20,324 |
| 2022 | $90,690 | $2,074 |
| 2021 | $88,913 | $1,997 |
| 2020 | $88,002 | $1,969 |
| 2019 | $86,277 | $1,845 |
| 2018 | $84,587 | $1,826 |
| 2017 | $82,930 | $1,826 |
History based on county public records data.
Nearby schools
4
John G. Whittier Elementary School
Public District KG-5
0.3 mi
•1761 Walnut Ave
6
Nieto Herrera Elementary School
Public District KG-5
0.5 mi
•1620 Temple Ave
8
Alvarado Elementary School
Public District KG-5
0.5 mi
•1400 E 20th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,642. The most common annual income of people living in Long Beach, CA is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
56%
<35k
38%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
31%
Single, with Kids
9%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
32%
18-34 yrs old
30%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1712 Cherry Ave
The listing price of 1712 Cherry Ave property is $1,599,000.
The property 1712 Cherry Ave is a condo located in Long Beach, California, 90813.
Active Listing: 1712 Cherry Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1712 Cherry Ave are: John G. Whittier Elementary School (GreatSchools Rating 4/10), Nieto Herrera Elementary School (GreatSchools Rating 6/10), Alvarado Elementary School (GreatSchools Rating 8/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10), Richard D. Browning High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $20,672 (source: MLS/based on county public records data).
The last sale was on September 9, 2022 for $1,550,000 (source: MLS/tax record).
The property at 1712 Cherry Ave has 0 bathroom.
The year of construction for 1712 Cherry Ave is 1964.
This home is located at 1712 Cherry Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $1,599,000.
In April 2025, from all listings sold in Long Beach, CA there were more than 70 sold above asking price, over 65 sold below and more than 38 were sold right at the asked price. In April 2025 in Long Beach, CA there were 7.6% more homes for sale than in March. Listings spent 33 days on the market in April 2025, and had a median list price of $839,980 during the same period.
From Rocket Homes Real Estate and based on county public records data.