New - 6 days on Rocket
$10,000 Closing Credit¹
Perry Karn, Listing Office: Southland Property Group
#SR25009113·
Listing Office: Equity Union·
Listing Agent: Aneta Ayrapetyan·
Listing Office Phone: 818-858-4222
$10,000
closing credit¹
5847 Cherry Ave Long Beach, CA 90805
$1,350,000 List price
$10,000
Closing credit¹
0.08 acres
Multi-Family
Property details
About 5847 Cherry Ave
Highly desired area! New industrial and wharehouse buildings being build near by at 5860 Paramount Blvd, 5880 Paramount Blvd, 5910 Cherry Ave which will include over 500 permanent jobs near by. This gated property is located in Long Beach near Bixby Knolls area with plenty of restaurants and local shopping. It is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. Property gross revenue annually $91,972. Monthly utilities (water, gas, electric, trash) varies about $900 month. Utilities runs on 1 meter and divided up by tenants. Property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. The units had some updated in 2017 and 2018 with 3 of the units having laminate floor. Unit A and Unit D are pictures from 2018. Potential to make the garage into an ADU Unit #A - 2 bedrooms and 1 bath with double sink , has Central Air Unit #B- Studio with a separate kitchen Unit #C- Studio with large closet and bathroom, Unit #D-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has Central Air Disclosure We obtained the following information above from sources we believe to be reliable. However we have not verified it accuracy and make no guarantee, warranty, representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions ,prior sale, lease or financing or withdraw without notice. We include projections, opinions , assumptions or estimates for example only and they are not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigations of the property and transaction this includes price/unit, Price/SF, Cap rate and GRM are based on total price of the sale.
Highlights
Home typeQuadruplex
HeatingCentral, Wall Furnace
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Lot size0.0803 Acres
Year built1954
ParkingAssigned
MLS #SR25009113
Garage2 spaces
Summary
- MLS Number: SR25009113
- MLS Name: CRMLS
- Office Name: Equity Union
- Office Phone: (818) 858-4222
- Listing Agent: Aneta Ayrapetyan
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: 1/17/2025, 11:21:02 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
$1,350,000
5847 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 |
|---|---|---|
| Dec 13, 2017 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $788,383 | $10,218 |
| 2020 | $780,300 | $10,075 |
| 2019 | $765,000 | $9,782 |
| 2018 | $750,000 | $3,714 |
| 2017 | $245,785 | $3,714 |
History based on county public records data.
Nearby schools
4
Bret Harte Elementary School
Public District KG-5
0.2 mi
•1671 E Phillips St
5
Grant Elementary School
Public District KG-5
0.8 mi
•1225 E 64th St
3
Barton Elementary School
Public District KG-5
1.1 mi
•1100 E Del Amo Blvd
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 $41,563. The majority of Long Beach, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
35%
35k-100k
19%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
21%
Single, with Kids
17%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
Juan Huizar, Listing Office: Sage Real Estate
$10,000 Closing Credit¹
Audrey Flemmings, Listing Office: Berkshire Hathaway HomeServices California Properties
3D tour
$9,797 Closing Credit¹
Allison Van Wig, Listing Office: Keller Williams Coastal Prop.
This home is located at 5847 Cherry Ave in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,350,000.
Over 60 listings were sold over their listed price in December 2024 in Long Beach, CA. In the same period over 58 listings were sold below the listed price and 30 listings were sold for the listed price. In December 2024 in Long Beach, CA there were 12% less homes for sale than in November. In December 2024 median list price was $824,872 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.