$1,195,000
Price
6
Beds
4
Baths
2,600 Sq. Ft.
$460 / Sq. Ft.
2,600
Sq. Ft.
$460
per Sq. Ft.

Description

Great opportunity to own this well-located 4-plex. The property is a short bike ride to the ocean, a stroll to 4th Street's 'Retro Row', and steps to restaurants, stores, gyms, markets, transportation, and more. The property includes two two-bedroom units and two one-bedroom units. The area is in high demand for parking, and the property has four single garages. Rents are good, but still have upside. Excellent opportunity to begin your portfolio or for owner-occupiers.Great opportunity to own this well-located 4-plex. The property is a short bike ride to the ocean, a stroll to 4th Street's 'Retro Row', and steps to restaurants, stores, gyms, markets, transportation, and more. The property includes two two-bedroom units and two one-bedroom units. The area is in high demand for parking, and the property has four single garages. Rents are good, but still have upside. Excellent opportunity to begin your portfolio or for owner-occupiers.
  1. Listed by Richard Padilla • DRE #01217790 • Brokerage DRE #00668529 • Camino Realty • 310-320-4600
  2. Listed by Bertha Padilla • DRE #00668529 • Brokerage DRE #00668529 • Camino Realty

Property Details for 816 Cherry

Parking Spaces Total
8
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2600
Assessor Parcel Number
7262-009-006
LISTING UPDATED: 11/26/2025 05:18 AM

Property Details for 816 Cherry

StatusActive Under Contract
MLS #SB25247575
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.15 AC / 6,731 SF
CountyLos Angeles County

Location

Listing Courtesy of Camino Realty, Richard Padilla, DRE #01217790; Camino Realty, Bertha Padilla, DRE #00668529
Add your commute

Building Information for 816 Cherry

Stories2Residences-Year Built1939Building Size-Lot Size0.15 AC / 6,731 SF

Payment Calculator

$5,905 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,905

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 816 Cherry

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $91,200
  • Net Operating Income: $71,900
Expense Details
  • Operating Expense: $19,300
  • Insurance Expense: $2,800
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $4,800
Tax / Assessment Info
  • Tax Tract Number: 1
  • CFD/Mello-Roos Fee: $856
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Green Info
  • Walk Score: 91
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • 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: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 816 Cherry

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Accepting Backup Offers

SDMLS #SB25247575

—
Nov 24, 2025

Accepting Backup Offers

CLAW #SB25247575MR

—
Nov 24, 2025

Accepting Backup Offers

CRMLS #SB25247575

—
Nov 11, 2025

Price Change

CLAW #SB25247575MR

$1,195,000—
Nov 11, 2025

Price Change

CRMLS #SB25247575

$1,195,000—
Nov 10, 2025

Price Change

SDMLS #SB25247575

$1,195,000—
Oct 30, 2025

Listed (Active)

SDMLS #SB25247575

$1,250,000—
Oct 30, 2025

Listed (Active)

CRMLS #SB25247575

$1,250,000—
Oct 30, 2025

Listed (Active)

CLAW #SB25247575MR

$1,250,000—
DateEvent & SourcePrice
11/24/2025

Accepting Backup Offers

SDMLS #SB25247575

—
11/24/2025

Accepting Backup Offers

CLAW #SB25247575MR

—
11/24/2025

Accepting Backup Offers

CRMLS #SB25247575

—
11/11/2025

Price Change

CLAW #SB25247575MR

$1,195,000
11/11/2025

Price Change

CRMLS #SB25247575

$1,195,000
11/10/2025

Price Change

SDMLS #SB25247575

$1,195,000
10/30/2025

Listed (Active)

SDMLS #SB25247575

$1,250,000
10/30/2025

Listed (Active)

CRMLS #SB25247575

$1,250,000
10/30/2025

Listed (Active)

CLAW #SB25247575MR

$1,250,000

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

Schools near 816 Cherry

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.

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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 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 Camino Realty, Richard Padilla, DRE #01217790; Camino Realty, Bertha Padilla, DRE #00668529

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.