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532 Cherry Ave

4 Unit Apartment Building $1,630,090 CAD ($407,523 CAD/Unit) 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 $1,630,090 CAD
Price Per Unit $407,523 CAD
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 $2,481 CAD -
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7262-025-013
Land Assessment
$902,012 CAD
Improvements Assessment
$759,943 CAD
Total Assessment
$1,661,955 CAD

zoning

Zoning Code LBR1N (Single-family Residential, standard lot)
LBR1N (Single-family Residential, standard lot)
  • Listing ID: 34111055

  • Date on Market: 2024-12-06

  • Last Updated:

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

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