#OC24224912, Nicholas Gallyon, Listing Office: Coldwell Banker Platinum Prop
![Luxury Collective MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
$10,000
closing credit¹
1712 Cherry Ave Long Beach, CA 90813
Property details
About 1712 Cherry Ave
This well-maintained 4-unit property is a prime investment opportunity, located just minutes from the beach in the vibrant city of Long Beach, CA. 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
Summary
- MLS Number: SR24196361
- 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: 2/11/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of house](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1088159735/2003505614156.jpg?version=1733371317&width=640)
$1,895,000
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. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
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 September 27, 2024 and is currently priced at $1,895,000.
Over 63 listings were sold over their listed price in January 2025 in Long Beach, CA. In the same period over 53 listings were sold below the listed price and 35 listings were sold for the listed price. The number of homes for sale in Long Beach, CA increased by 5.6% between December and January 2025. In January 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $825,147.