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532 Cherry Ave

4 Unit Apartment Building $1,150,000 ($287,500/Unit) Long Beach, CA 90802

Apartment Buildings California Long Beach 532 Cherry Ave, Long Beach, CA 90802

Investment Highlights

  • onsite laundry room
  • 2 garages and 2 off street parking total 4 parking spaces

Executive Summary

PRIME EASTSIDE LOCATION! 4-PLEX ALL 1 BEDROOM/1 BATHROOM UNITS. 2 GARAGES AND 1 ADDITIONAL PARKING SPACE AND ONSITE LAUNDRY ROOM BOTH BRINGING IN ADDITIONAL INCOME!! REMODELED UNITS. NEWER EXTERIOR PAINT PROPERTY. GREAT RENTAL MARKET WITH CLOSE PROXIMITY TO CSULB, SHOPPING, RESTAURANTS AND ONLY 5 BLOCKS TO THE BEACH! HURRY THIS 4-PLEX WILL NOT LAST LONG!

Property Facts

Price $1,150,000 Lot Size 0.13 AC
Price Per Unit $287,500 Building Size 2,016 SF
Sale Type Investment Average Occupancy 100%
No. Units 4 No. Stories 1
Property Type Multifamily Year Built 1959
Property Subtype Apartment Parking Ratio 1.49/1,000 SF
Building Class C
Price $1,150,000
Price Per Unit $287,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.13 AC
Building Size 2,016 SF
Average Occupancy 100%
No. Stories 1
Year Built 1959
Parking Ratio 1.49/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,750 -
1 of 1
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 7262-025-013 Improvements Assessment $541,996
Land Assessment $643,320 Total Assessment $1,185,316

PROPERTY TAXES

Parcel Number
7262-025-013
Land Assessment
$643,320
Improvements Assessment
$541,996
Total Assessment
$1,185,316

zoning

Zoning Code LBR1N (Single-family Residential, standard lot)
LBR1N (Single-family Residential, standard lot)
(714) 809-7608

  • Listing ID: 34111055

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 532 Cherry Ave, Long Beach, CA 90802

More public record information on 532 Cherry Ave, Long Beach, CA 90802

The Multifamily Property at 532 Cherry Ave, Long Beach, CA 90802 is currently available For Sale. Contact Kristina Moore, Broker for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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532 Cherry Ave
(714) 809-7608 x

532 Cherry Ave

Kristina Moore

(714) 809-7608

(714) 809-7608

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