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1094 Cherry Ave
Long Beach, CA 90813
Remodeled, Eastside Long Beach 5-Unit · Multifamily Property For Sale
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5 Units
Investment Highlights
- Remodeled, 5-Unit cash cow located just outside of Downtown Long Beach
- Unit mix consists of (3) 1-Bed/1-Bath & (2) 2-Bed/1-Bath units
- Interior upgrades to bathrooms/kitchens, flooring, new paint
- The added on 5th unit has been permitted by the City of Long Beach
- Copper plumbing has been installed throughout building, new electric as well
- (3) Garages, multiple uncovered spaces at rear of property
Property Facts
| No. Units | 5 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 2,321 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | ||
| Zoning | LBR2N - Two-Family Residence | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,321 SF |
| No. Stories | 1 |
| Year Built | 1948 |
| Zoning | LBR2N - Two-Family Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,425 | - |
| 2+1 | 2 | $1,670 | - |
Property Taxes
| Parcel Number | 7262-008-005 | Improvements Assessment | $295,611 |
| Land Assessment | $574,490 | Total Assessment | $870,101 |
Property Taxes
Parcel Number
7262-008-005
Land Assessment
$574,490
Improvements Assessment
$295,611
Total Assessment
$870,101
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