3617 Cherry Avenue

Long Beach, CA 90807

$990,000
Price
3
Beds
2
Baths
1,310 Sq. Ft.
$756 / Sq. Ft.
1,310
Sq. Ft.
$756
per Sq. Ft.

Description

Turnkey Duplex 3617 & 3619 Cherry Avenue – Located in Historical California Heights! This property has been completely remodeled & upgraded, see pictures and supplements for remodel building plans. This property has been completely remodeled & upgraded, see pictures and supplements for remodel building plans (1) 2 Bedroom, 1 Bath unit and (1) 1 Bedroom, 1 Bat unit. The units feature upgraded kitchens and bathrooms, wood flooring, recessed lighting, double pane windows, concrete patio & parking areas,...Turnkey Duplex 3617 & 3619 Cherry Avenue – Located in Historical California Heights! This property has been completely remodeled & upgraded, see pictures and supplements for remodel building plans. This property has been completely remodeled & upgraded, see pictures and supplements for remodel building plans (1) 2 Bedroom, 1 Bath unit and (1) 1 Bedroom, 1 Bat unit. The units feature upgraded kitchens and bathrooms, wood flooring, recessed lighting, double pane windows, concrete patio & parking areas, new roof, and more. Each unit has its own patio area and garage. Detached garage structure also includes laundry room. Seller has not increased rents in years... substantial potential to increase income. Close to transportation, numerous nearby employment opportunities, and amenities such as, shopping centers, dining hot spots, breweries, parks, golf courses, schools, and transportation . There is also the potential for converting the rear garage into an ADU to further maximize the property's full income potential.
  1. Listed by Scot Campbell • DRE #00943759 • Brokerage DRE #01235106 • Coldwell Banker-Campbell Rltrs • 714-336-0394

Property Details for 3617 Cherry Avenue

Architectural Style
Traditional
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1310

Location

Listing Courtesy of Coldwell Banker-Campbell Rltrs, Scot Campbell, DRE #00943759
Add your commute
LISTING UPDATED: 04/04/2024 03:28 AM

Property Details for 3617 Cherry Avenue

StatusActive
MLS #OC23205705
Days on Market176
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.12 AC / 5,424 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker-Campbell Rltrs, Scot Campbell, DRE #00943759
Add your commute

Building Information for 3617 Cherry Avenue

Stories1Residences-Year Built1945Building Size-Lot Size0.12 AC / 5,424 SF

Payment Calculator

$6,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,403

Property Taxes

$734

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3617 Cherry Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $42,900
  • Gross Scheduled Income: $42,900
  • Gross Spendable Income: $28,200
  • Gross Operating Income: $42,900
  • Net Operating Income: $28,200
  • Gross Multiplier: 23.0
  • Cap Rate: 2.85
  • Current Financing: None
Expense Details
  • Operating Expense: $14,700
  • Gardener Expense: $600
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $1,500
  • Total Expenses: $14,700
Tax / Assessment Info
  • Tax Tract Number: 10607
  • Tax Census Tract: 5720.01
  • CFD/Mello-Roos Fee: $465
  • Tax Lot: 10
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Equipment: Community, Dishwasher, Microwave, Other, Room
  • Interior Features: Open Floorplan, Recessed Lighting
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Community, Individual Room, See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
  • Flooring: Wood
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Sprinklers In Front
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
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: $2,090
  • Unit Type Total Rent: $2,090
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • 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: $1,485
  • Unit Type Total Rent: $1,485
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Disposal: 2

Property History for 3617 Cherry Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3617 Cherry Avenue

Taxable ValueLand$401,584Additions$267,722Total$669,306
Tax Record2023$8,805 ($734 / month)
Home Facts
Total Finished SqFt1,310 SqFtAbove Grade Finished SqFt1,310 SqFtLot Size5,424 SqFtStyleDuplexYear Built1945ZoningLBR1NCountyLOS ANGELESAPN7147-009-011

Schools near 3617 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 - 6 to 8
Rating
School
Distance
Longfellow Elementary School
PublicK to 5

Hughes Middle School
Public6 to 8

Polytechnic High School
Public9 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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3617 Cherry Avenue is a multi-family home for sale in Long Beach, CA 90807. This property was listed for sale on November 5, 2023 by Coldwell Banker-Campbell Rltrs, it's currently listed at $990,000. It has been on the market for a total of 176 days and was last sold on April 10, 2017. This listing's school district is Long Beach Unified School District. Nearby schools include Longfellow Elementary School, Hughes Middle School and Polytechnic High School. 3617 Cherry Avenue is a 3-bed, 2-bath, 1,310 sqft multi-family home built in 1945.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker-Campbell Rltrs, Scot Campbell, DRE #00943759

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.