1468 Cherry Ave, Long Beach, CA 90813
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1468 Cherry Ave Long Beach, CA 90813

$1,595 Leased Price as of 11/30/2022
  • -- Beds
  • -- Baths
  • 6,800 Sq.Ft.
Leased
$1,595 Leased Price as of 11/30/2022 Refinance Your Mortgage

Map preview of 1468 Cherry Ave, Long Beach, CA 90813

Property Overview: 1468 Cherry Ave Long Beach, CA has -- bedrooms, -- bathrooms, 6,800 living square feet and 5,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic Commercial/Retail Space on High Traffic Cherry Ave! The owner will assist with unit renovations to customize the space according to your needs. Fantastic opportunity for a new or existing retail business to lease a prime retail space located in the heart of Long Beach. It has great curb appeal, a flexible space plan, and easy qualifying. Over 1500 square feet of retail space with 30 feet of street frontage.

Listed by David Haas | BRE #01126617 | Ernst & Haas Mngmnt Co., Inc.
Last checked: 11 minutes ago | Last updated: December 1st, 2022 | Source CRMLS | DOM: 197

Home details

Lot Sq. Ft
5,998
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Retail
Status
Leased
MLS#
PW22085412
City
Long Beach
County
Los Angeles
Time on Site
729 days

Property Details for 1468 Cherry Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 7261018010
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cherry Ave. & E. Spaulding Way
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Sale History for 1468 Cherry Ave

Last leased for $1,595 on November 30th, 2022
  • November, 2022

  • Nov 30, 2022

    Date

    Leased

    CRMLS: PW22085412

    $1,595

    Price

  • May 16, 2022

    Date

    Active

    CRMLS: PW22085412

    $1,895

    Price

  • August, 2016

  • Aug 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $926,000

    Price

  • November, 2013

  • Nov 19, 2013

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • January, 2012

  • Jan 9, 2012

    Date

    Price Change

    CRMLS: P808070

    $480,000

    Price

  • Listing provided courtesy of CRMLS

    The subject property is located at 1464-1468 and 1472 Cherry Avenue in Long Beach, California. The property is a two story commercial and residential complex built in 1948. The commercial unit mix consists of two retail spaces on the first floor. The residential units are on the second floor and consist of three one-bedroom/one-bath units and one two-bedroom/one bath unit. Both retail units are currently occupied. The building has two separate gas meters, one for the retail units and one for the residential units.

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Tax History for 1468 Cherry Ave

Assessed Value (2020): $982,677
Year Land Value Improved Value Assessed Value
2020 $307,750 $674,927 $982,677

Home Value Compared to the Market

This property vs the competition

1468 Cherry Ave has recently been leased in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $800,000. The median price per/sqft for Long Beach is $633. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $160,000 for the down payment and will need roughly $16,000 for closing costs on top of the down payment.

About 1468 Cherry Ave

Detailed summary of property

1468 Cherry Ave is a retail that was recently leased in Long Beach, CA 90813. This retail property offered -- bedrooms, -- bathrooms, roughly 6,800 living square feet, and sits on an approximately 5,998 square foot lot. 1468 Cherry Ave was first listed on ArdentRealEstateGroup.com on April 26, 2022. The homeowner leased the property for $1,595. While the average home in Long Beach, CA is selling in 56 days, 1468 Cherry Ave has a days on market of 197 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. Local homes that are currently for sale include 1775 Ohio Ave #106, 1775 Ohio Ave #110 and 1775 Ohio Ave #206. For more information on this home for lease at 1468 Cherry Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1468 Cherry Ave

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
6,800
Lot Size
5,998
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
53
APN
7261-018-010

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$612
Total Inventory
28
Median Sale to List Price %
98.1%
Avg Days on Market
27
Loan Type
Conventional (54.55%), FHA (9.09%), VA (18.18%), Cash (0%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.