Long Beach, CA 90813,1364 Cherry
Long Beach, CA 90813,1364 Cherry
Long Beach, CA 90813,1364 Cherry
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$1,075,000
Est. payment /mo
5,201 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25276740

HOA Y/N No

Year Built 1924

Annual Tax Amount $14,490

Tax Year 2025

Lot Size 5,201 Sqft

Property Sub-Type Quadruplex

Property Description

MOVE IN READY!!!
Four units just 1.4 miles from the beach.

This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private balconies, while tenants also enjoy a massive front yard that presents future development potential, including possible ADU additions and garage conversions. Buyer to verify all development potential with the City of Long Beach.

Recent capital improvements include a brand new roof, all new windows, and fresh interior and exterior paint, all completed in 2025 and interior finishes as seen in the photos.

With the property delivered in its CURRENT CONDITION (See remarks), this property presents a rare blank canvas for an investor to renovate, reconfigure layouts if desired, and establish a tenant base of their choosing. The current status also offers a unique opportunity to position the asset to hedge against AB 1482 statewide rent control.

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Door-Single, Garage, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7261023006

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


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CRMLS – RECore
Listed by Daniel Gomez Younglewin Advisors, Inc. 562-266-7629
Diego Magdaleno

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1364 Cherry