$1,500,000 1724 Cherry Avenue Long Beach, CA

MLS: 17273830   Type: Income   County: Los Angeles   City: Long Beach   Area: Eastside - Circle Area   Zip: 90813     Stories: 2

Mortgage $7,042 /mo



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This Spanish Colonial Revival style apartment building located at 1724 Cherry Ave.The subject property was constructed in 1928 with 5,540 rentable Sf on an 8,501 SF lot and features eight (8) units consisting of 3 separate structures: 1 - front fourplex featuring 4 - 2+1's 1 - middle courtyard structure featuring 2 - 1+1's 1 - 5 single car garage featuring 2 - 1+1'sThe building also features individual metering for gas and electric with an on-site laundry for added income.The City of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is currently undergoing $4.4 billion in future redevelopment that will also create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was completed in 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

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Price History

9/25/2017 Listed $1,600,000
10/2/2017 7% - $1,500,000

MLS Area 3 - Eastside, Circle Area
Price Per Square Foot 270.76
Special Listing Conditions Standard
Total Units 8
Zoning LBCNR

Interior Features

Total Stories 2

Exterior Features

Building Area Total 5540.00
Lot Size Source Assessor
Lot Size Square Feet 8502.00
Lotsizeunits Square Feet
Number of Buildings 3

Property Schools

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Property vs Zip Code Avg (90813)

Price 1.50M Avg 1.39M

Sqr Feet 5,540 Avg 5,153

Cost / Sqr Ft $271 Avg $270

Acres 0.2 Avg 0.16

Visits 1 Avg 7

Days on Site 30 Avg 43

Walkscore® 78 Avg 86

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Listing Provided Courtesy Of: Byron Field with Keller Williams Larchmont.

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Location & Address

eXp Realty California
2603 Camino Ramon Suite 200
San Ramon, CA