1712 Cherry Ave

7
Baths
4,122 Sq. Ft.
$382 / Sq. Ft.
4,122
Sq. Ft.
$382
per Sq. Ft.

Description

Cash cow! This well-maintained 4-unit property is a prime investment opportunity generating high income, located just minutes from the beach. The 4 units are as follows: Unit #1: 3 Bed 3 Bath, pays $3450 per month. Unit #2: 3 Bed 2 Bath, pays $3100 per month. Unit #3: 2 Bed 1 Bath, pays $2400 per month. Unit #4: 2 Bed 1 Bath, pays $2200 per month. Rent totals include income generated from laundry room. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income,...Cash cow! This well-maintained 4-unit property is a prime investment opportunity generating high income, located just minutes from the beach. The 4 units are as follows: Unit #1: 3 Bed 3 Bath, pays $3450 per month. Unit #2: 3 Bed 2 Bath, pays $3100 per month. Unit #3: 2 Bed 1 Bath, pays $2400 per month. Unit #4: 2 Bed 1 Bath, pays $2200 per month. Rent totals include income generated from laundry room. Less than a 10-minute drive to the shoreline, this property offers convenience, great rental income, and modern living. All units are currently occupied and generating strong rental income at market rates, making it an ideal investment with immediate cash flow potential. The property has been well cared for, with all units in excellent condition. The detached 3 bed, 2 bath unit comes with its own private yard, perfect for added privacy and outdoor enjoyment. Tenants will also appreciate the ample parking, with a total of 6 parking spaces available. The lot also has additional space to put storage units which can be rented out to tenants for additional monthly income. Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a desirable location, this multi-unit gem checks all the boxes. Don't miss out on this rare opportunity!

Property Details for 1712 Cherry Avenue

View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
4122
LISTING UPDATED: 06/19/2025 04:11 AM

Property Details for 1712 Cherry Avenue

StatusClosed
MLS #SR25098606
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1964
CountyLos Angeles County

Location

Listing Courtesy of Luxury Collective, Gevork Jabakchurian, DRE #02137192

Sold By Keller Williams Coastal Prop., Trudy Kalucea, DRE #01263450

Add your commute

Building Information for 1712 Cherry Avenue

Building/Complex1712 Cherry AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1964Building Size-

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$9,448 per month

30 year fixed, 6.11% Interest

Principal and Interest

$7,644

Property Taxes

$1,804

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 1712 Cherry Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,400
  • Gross Scheduled Income: $133,800
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $106,286
  • Laundry Income: $2,400
  • Other Income Description: Rental income
  • Other Income 1: $131,400
  • Gross Multiplier: 11.95
  • Cap Rate: 6.33
  • Financing: Private
Expense Details
  • Operating Expense: $27,101
  • New Taxes Expense: $19,987
  • Fuel Expense: $1,050
  • Electric Expense: $888
  • Insurance Expense: $3,206
  • Trash Expense: $0
  • Water Sewer Expense: $1,970
  • Total Expenses: $27,514
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 575...
  • Tax Census Tract: 5751.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 23
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Water Heater
  • Equipment: Dishwasher, Laundry Area, Room
  • Interior Features: Unfurnished
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
  • Flooring Type: Laminate, Vinyl
  • Flooring: Laminate, Vinyl
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: Front Doors
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Raised, Slab
  • Foundation Details: Raised, Slab
  • Property Condition: Additions/Alterations, Repairs Cosmetic, Termite Clearance, Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Parking Space, Private
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Concrete, Paved, Parking Space, Private
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: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,450
  • Unit Type Total Rent: $3,450
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 2
Unit 3
  • 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: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 3
Unit 4
  • 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: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number Wall AC: 4

Property History for 1712 Cherry Avenue

DateEvent & SourcePriceAppreciation
Jun 18, 2025

Sold

CRMLS #SR25098606

$1,575,000
Jun 18, 2025

Sold

CLAW #SR25098606MR

$1,575,000
Jun 18, 2025

Sold

SDMLS #SR25098606

$1,575,000
Jun 11, 2025

Sold (Public Record)

Public Record #1902051018

$1,575,000

+0.6% / yr

May 20, 2025

Pending

SDMLS #SR25098606

May 20, 2025

Pending

CLAW #SR25098606MR

May 20, 2025

Accepting Backup Offers

CRMLS #SR25098606

May 20, 2025

Accepting Backup Offers

CLAW #SR25098606MR

May 3, 2025

Listed (Active)

CRMLS #SR25098606

$1,599,000
May 2, 2025

Listed (Active)

CLAW #SR25098606MR

$1,599,000
May 2, 2025

Listed (Active)

SDMLS #SR25098606

$1,599,000
May 1, 2025

Withdrawn / Cancelled

CRMLS #SR25053462

$1,699,999
Apr 28, 2025

Withdrawn / Cancelled

CLAW #SR25053462MR

Apr 27, 2025

Hold

CRMLS #SR25053462

Apr 27, 2025

Withdrawn / Cancelled

SDMLS #SR25053462

$1,699,999
Apr 15, 2025

Price Change

CLAW #SR25053462MR

$1,699,999
Mar 31, 2025

Price Change

CLAW #SR25053462MR

$1,700,000
Mar 31, 2025

Price Change

CRMLS #SR25053462

$1,700,000
Mar 11, 2025

Listed (Active)

CRMLS #SR25053462

$1,799,000
Mar 10, 2025

Listed (Active)

SDMLS #SR25053462

$1,799,000
Mar 10, 2025

Withdrawn / Cancelled

CRMLS #SR24196361

$1,799,000
Mar 10, 2025

Listed (Active)

CLAW #SR25053462MR

$1,799,000
Mar 9, 2025

Withdrawn / Cancelled

CLAW #SR24196361MR

Mar 9, 2025

Withdrawn / Cancelled

SDMLS #SR24196361

$1,799,000
Feb 17, 2025

Price Change

CLAW #SR24196361MR

$1,799,000
Jan 1, 2025

Price Change

CLAW #SR24196361MR

$1,895,000
Jan 1, 2025

Price Change

CRMLS #SR24196361

$1,895,000
Nov 13, 2024

Price Change

CLAW #SR24196361MR

$1,950,000
Nov 13, 2024

Price Change

CRMLS #SR24196361

$1,950,000
Sep 26, 2024

Listed (Active)

CLAW #SR24196361MR

$1,995,000
Sep 26, 2024

Listed (Active)

CRMLS #SR24196361

$1,995,000
Sep 20, 2024

Listed (Active)

SDMLS #SR24196361

$1,995,000
Apr 29, 2023

Expired

CRMLS #SR22232176

Apr 28, 2023

Expired

CLAW #SR22232176CN

$1,900,000
Apr 24, 2023

Withdrawn / Cancelled

CRMLS #SR22232176

Apr 24, 2023

Withdrawn / Cancelled

CLAW #SR22232176CN

Feb 23, 2023

Hold

CRMLS #SR22232176

Feb 23, 2023

Listed (Active)

CRMLS #SR22232176

Dec 18, 2022

Hold

CRMLS #SR22232176

Dec 8, 2022

Price Change

CRMLS #SR22232176

$1,900,000
Nov 28, 2022

Price Change

CLAW #SR22232176CN

$1,999,999
Nov 21, 2022

Price Change

CLAW #SR22232176CN

$2,099,999
Nov 21, 2022

Price Change

CRMLS #SR22232176

$2,099,999
Nov 2, 2022

Hold

CLAW #SR22232176CN

Nov 2, 2022

Listed (Active)

CRMLS #SR22232176

$2,200,000
Nov 2, 2022

Listed (Active)

CLAW #SR22232176CN

$2,200,000
Sep 9, 2022

Sold

SDMLS #PW22151491

$1,550,000
Sep 9, 2022

Sold

CRMLS #PW22151491

$1,550,000
Sep 9, 2022

Sold

CLAW #PW22151491MR

$1,550,000
Aug 11, 2022

Pending

CRMLS #PW22151491

Aug 11, 2022

Pending

CLAW #PW22151491MR

Aug 11, 2022

Pending

SDMLS #PW22151491

Jul 27, 2022

Sold (Public Record)

Public Record #1496984999

$1,550,000
Jul 11, 2022

Listed (Active)

SDMLS #PW22151491

$1,450,000
Jul 11, 2022

Listed (Active)

CLAW #PW22151491MR

$1,450,000
Jul 11, 2022

Listed (Active)

CRMLS #PW22151491

$1,450,000
DateEvent & SourcePrice
06/18/2025

Sold

CRMLS #SR25098606

$1,575,000
06/18/2025

Sold

CLAW #SR25098606MR

$1,575,000
06/18/2025

Sold

SDMLS #SR25098606

$1,575,000
06/11/2025

Sold (Public Record)

Public Record #1902051018

$1,575,000

+0.6% / yr

05/20/2025

Pending

SDMLS #SR25098606

05/20/2025

Pending

CLAW #SR25098606MR

05/20/2025

Accepting Backup Offers

CRMLS #SR25098606

05/20/2025

Accepting Backup Offers

CLAW #SR25098606MR

05/03/2025

Listed (Active)

CRMLS #SR25098606

$1,599,000
05/02/2025

Listed (Active)

CLAW #SR25098606MR

$1,599,000
05/02/2025

Listed (Active)

SDMLS #SR25098606

$1,599,000
05/01/2025

Withdrawn / Cancelled

CRMLS #SR25053462

$1,699,999
04/28/2025

Withdrawn / Cancelled

CLAW #SR25053462MR

04/27/2025

Hold

CRMLS #SR25053462

04/27/2025

Withdrawn / Cancelled

SDMLS #SR25053462

$1,699,999
04/15/2025

Price Change

CLAW #SR25053462MR

$1,699,999
03/31/2025

Price Change

CLAW #SR25053462MR

$1,700,000
03/31/2025

Price Change

CRMLS #SR25053462

$1,700,000
03/11/2025

Listed (Active)

CRMLS #SR25053462

$1,799,000
03/10/2025

Listed (Active)

SDMLS #SR25053462

$1,799,000
03/10/2025

Withdrawn / Cancelled

CRMLS #SR24196361

$1,799,000
03/10/2025

Listed (Active)

CLAW #SR25053462MR

$1,799,000
03/09/2025

Withdrawn / Cancelled

CLAW #SR24196361MR

03/09/2025

Withdrawn / Cancelled

SDMLS #SR24196361

$1,799,000
02/17/2025

Price Change

CLAW #SR24196361MR

$1,799,000
01/01/2025

Price Change

CLAW #SR24196361MR

$1,895,000
01/01/2025

Price Change

CRMLS #SR24196361

$1,895,000
11/13/2024

Price Change

CLAW #SR24196361MR

$1,950,000
11/13/2024

Price Change

CRMLS #SR24196361

$1,950,000
09/26/2024

Listed (Active)

CLAW #SR24196361MR

$1,995,000
09/26/2024

Listed (Active)

CRMLS #SR24196361

$1,995,000
09/20/2024

Listed (Active)

SDMLS #SR24196361

$1,995,000
04/29/2023

Expired

CRMLS #SR22232176

04/28/2023

Expired

CLAW #SR22232176CN

$1,900,000
04/24/2023

Withdrawn / Cancelled

CRMLS #SR22232176

04/24/2023

Withdrawn / Cancelled

CLAW #SR22232176CN

02/23/2023

Hold

CRMLS #SR22232176

02/23/2023

Listed (Active)

CRMLS #SR22232176

12/18/2022

Hold

CRMLS #SR22232176

12/08/2022

Price Change

CRMLS #SR22232176

$1,900,000
11/28/2022

Price Change

CLAW #SR22232176CN

$1,999,999
11/21/2022

Price Change

CLAW #SR22232176CN

$2,099,999
11/21/2022

Price Change

CRMLS #SR22232176

$2,099,999
11/02/2022

Hold

CLAW #SR22232176CN

11/02/2022

Listed (Active)

CRMLS #SR22232176

$2,200,000
11/02/2022

Listed (Active)

CLAW #SR22232176CN

$2,200,000
09/09/2022

Sold

SDMLS #PW22151491

$1,550,000
09/09/2022

Sold

CRMLS #PW22151491

$1,550,000
09/09/2022

Sold

CLAW #PW22151491MR

$1,550,000
08/11/2022

Pending

CRMLS #PW22151491

08/11/2022

Pending

CLAW #PW22151491MR

08/11/2022

Pending

SDMLS #PW22151491

07/27/2022

Sold (Public Record)

Public Record #1496984999

$1,550,000
07/11/2022

Listed (Active)

SDMLS #PW22151491

$1,450,000
07/11/2022

Listed (Active)

CLAW #PW22151491MR

$1,450,000
07/11/2022

Listed (Active)

CRMLS #PW22151491

$1,450,000

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

Public Records for 1712 Cherry Avenue

Taxable ValueLand$1,040,400Additions$572,220Total$1,612,620
Tax Record2025$21,647 ($1,804 / month)
Home Facts
Total Finished SqFt4,122 SqFtAbove Grade Finished SqFt4,122 SqFtLot Size5,994 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLBCNRCountyLOS ANGELESAPN7261-006-024

Schools near 1712 Cherry Avenue

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
Lee 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, 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 Luxury Collective, Gevork Jabakchurian, DRE #02137192

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.