1712 CHERRY AVENUE, LONG BEACH CA 90813

  • 3,968 sq.ft.
  • 5,995 sq.ft. lot
offered at $1,999,999
MLS#:SR22232176
Status: Active // Property Type:
County: Los Angeles // Year Built: 1964

Property Description

4 UNITS IN LONG BEACH READY TO BE LEASED OUT FOR MARKET VALUES! Total projected rental income is $13,000 per month. Just minutes away from the ocean! Beautiful investment property in a growing area. Perfect for the new owner to live in one unit and rent out the rest for additional income. Units are as follows. Unit #1: [3 Bed, 3 Bath (projected rent $3750/month)]. Unit #2: [3 Bed, 2 Bath (projected rent ($3750/month)]. Unit #3: [2 Bed, 1 Bath ($2750/month)]. Unit #4: [2 Bed, 1 Bath ($2750/month)]. Check other rentals in the area to compare. Many investors currently consider the city of Long Beach a hot spot for investments due all the development going on in the area. The Port of Long Beach is in the midst of a $2.6 billion program of capital improvements over the next 10 years and thousands of long term jobs will be created. Don't miss out on this exciting investment opportunity! MORE PHOTOS COMING SOON!

Listing Courtesy of George Jabakchurian, Keller Williams Encino/Sherman Oaks

Exterior Features

Exterior Features: Curbs
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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