Long Beach, CA 90813 1715 Cherry Avenue
$1,750,000
9 more
Presented By: Bill Ruane with RE/MAX Estate Properties; 310-877-2374
Beds • 7
Baths • 6
SQFT • 3,426
Garage • 4
Home Details
1715 Cherry is a multi-unit residential property nestled in the vibrant city of Long Beach. There are (5) one bedroom and one bath units and (1) 2 bedroom 1 bath unit offering comfortable and well-appointed living spaces. Units 1 and 2 are both remodeled and vacant ready for new tenants! Residents benefit from convenient on-site laundry facilities located within the community. 4 separate garages and 2 uncovered parking spaces.
Strategically located, tenants enjoy easy access to nearby dining, shopping, and entertainment venues. This property presents an exceptional investment opportunity for those seeking a reliable income stream in a thriving rental market.
Presented By: Bill Ruane with RE/MAX Estate Properties; 310-877-2374
Interior Features for 1715 Cherry Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 1715 Cherry Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CoolingNone
CountyLos Angeles
Days on Market69
DirectionsE. 17th Street & Cherry Ave.
Electric Expense672.0
Entry Location1
Garage Spaces4.0
Garage Y/NYes
Gross Income101200.0
HOA0.0
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1199.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet8238.0
Lot Size UnitsSquareFeet
MLS Area3 - Eastside, Circle Area
MaintenanceExpense480.0
MobileHomeRemainsYNNo
Net Operating Income115239.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal6
Open Parking Spaces2.0
Operating Expense10041.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameCircle (CA)
Tax Lot33
Tenant PaysElectricity, Gas
TermsCash, Conventional
Total Actual Rent6840.0
Trash Expense370.0
ViewNone
View Y/NNo
Virtual TourClick here
Water Sewer Expense4460.0
Waterfront Y/NNo
Year Built1949
Year Built SourceAssessor
ZoningLBCNR
Exterior for 1715 Cherry Avenue
Building Area Total3426.0
Crops Included Y/NNo
FencingChainLink
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.1891
Lot Size Area8238.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480