Long Beach, CA 90813 1364 Cherry Avenue
$895,000
19 more
Presented By: Kevin Kott with Paul Kott Realtors, Inc.; kevin@pkrealtors.com
Beds • 4
Baths • 1
SQFT • 2,544
Garage • 4
Year Built • 1924
Home Details
Presenting a rare investment opportunity at 1364 Cherry Avenue, Long Beach—this 4-unit property offers four spacious 1-bedroom, 1-bathroom units, ideal for both owner-occupants and investors seeking steady rental income. Each unit features a functional layout, natural light, and classic charm. The property includes four detached one-car garages, providing valuable off-street parking and potential for additional income. Situated on a generous lot, the front yard may allow for the addition of a fifth unit (buyer to verify with city), creating even greater value and versatility. Located in a high-demand rental area, this property offers convenient access to public transit, dining, and retail, making it attractive to long-term tenants.
Presented By: Kevin Kott with Paul Kott Realtors, Inc.; kevin@pkrealtors.com
Interior Features for 1364 Cherry Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1364 Cherry Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsE Anaheim & Cherry Ave
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income45360.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet5179.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income41260.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense4100.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tax Lot5
Total Actual Rent45360.0
Trash Expense100.0
Water Sewer Expense500.0
Year Built1924
Year Built SourcePublicRecords
ZoningLBCNR
Exterior for 1364 Cherry Avenue
Building Area Total2544.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1189
Lot Size Area5179.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
