1364 Cherry Long Beach, CA 90813
UPDATED:
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
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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