1060 Cherry, Unit A & B

4
Baths
2,108 Sq. Ft.
$472 / Sq. Ft.
2,108
Sq. Ft.
$472
per Sq. Ft.

Description

Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity...Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 bathrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There’s also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.
  1. Listed by Omar Ruiz • DRE #02219862 • Brokerage DRE #01744310 • Home Choice Property Mgt • 7143093823

Property Details for 1060 Cherry, Unit A & B

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2108
LISTING UPDATED: 03/31/2026 01:32 AM

Property Details for 1060 Cherry, Unit A & B

StatusActive
MLS #PW26066695
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.13 AC / 5,597 SF
CountyLos Angeles County

Location

Listing Courtesy of Home Choice Property Mgt, Omar Ruiz, DRE #02219862
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Building Information for 1060 Cherry, Unit A & B

Stories1Residences-Year Built1918Building Size-Lot Size0.13 AC / 5,597 SF

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HOA Dues

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Property Information for 1060 Cherry, Unit A & B

Rental Info
Rental Info
  • Tenant Pays: Gas, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $30,900
  • Gross Scheduled Income: $6,180
  • Gross Operating Income: $6,180
  • Net Operating Income: $30,900
Expense Details
  • Operating Expense: $8,332
  • New Taxes Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,432
  • Maintenance Expense: $900
  • Trash Expense: $617
  • Water Sewer Expense: $645
  • Total Expenses: $8,332
Tax / Assessment Info
  • Tax Area: 5500
  • Tax Annual Amount: $4,825
  • Tax Tract Number: 5769.01
  • Tax Lot: 88
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Water Heater, Gas Oven
  • Equipment: None
  • Interior Features: Unfurnished, Ceiling Fan(s), Granite Counters
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas, Wall Furnace
  • Heating: Natural Gas, Wall Furnace
  • Flooring Type: Tile, See Remarks
  • Flooring: Tile, See Remarks
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Roof: Shingle
  • Entry Location: Street
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Concrete Perimeter
  • Foundation Details: Concrete Perimeter
  • Property Condition: Termite Clearance
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Electric: Electricity - Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Garage, Garage - Single Door, Garage Faces Front, Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,180
  • Unit Type Total Rent: $3,180
  • Unit Type Pro Forma: 3180
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1060 Cherry, Unit A & B

DateEvent & SourcePriceAppreciation
Mar 27, 2026

Listed (Active)

CLAW #PW26066695MR

$995,000
Mar 27, 2026

Listed (Active)

CRMLS #PW26066695

$995,000
DateEvent & SourcePrice
03/27/2026

Listed (Active)

CLAW #PW26066695MR

$995,000
03/27/2026

Listed (Active)

CRMLS #PW26066695

$995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1060 Cherry, Unit A & B

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1060 Cherry, Unit A & B is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on March 27, 2026 by Home Choice Property Mgt, it's currently listed at $995,000. This listing's school district is Long Beach Unified School District. Nearby schools include Willard Elementary School, Jefferson Leadership Academies School and Wilson High School. 1060 Cherry, Unit A & B is a 9-bed, 4-bath, 2,108 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Choice Property Mgt, Omar Ruiz, DRE #02219862

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.