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1752 Cherry Ave, Long Beach, CA 90813
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1752 Cherry Ave Long Beach, CA 90813

$1,200,000
  • 9 Beds
  • 7 Baths
  • 3,092 Sq.Ft.
Pending
$1,200,000 Get Pre-Qualified
Map preview of 1752 Cherry Ave, Long Beach, CA 90813

Property Overview: 1752 Cherry Ave Long Beach, CA has 9 bedrooms, 7 bathrooms, 3,092 living square feet and 8,502 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: With a strong unit mix of majority three-bedroom units, including a single-family home, and 45 percent rental upside this is an excellent value-add opportunity in a strong coastal rental market. 1752 Cherry Avenue comprises a Craftsman three-bedroom/two-bath house, a triplex with one three-bedroom/two-bath unit, one three-bedroom/one-bath unit, and one studio, and a rear building that contains a non-conforming studio and a single-car garage. The property is gated and also offers four surface parking spaces. Located in Eastside Long Beach just a few parcels south of Pacific Coast Highway, 1752 Cherry Avenue is centrally located and within 10 minutes of the 405 and 710 freeways as well as Cal State Long Beach. Additionally, Long Beach City College’s Pacific Coast Campus is just a few blocks away.

Listed by Steven Bogoyevac | BRE #01332755 | Steven M. Bogoyevac, Broker
Last checked: 12 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
8,502
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Mixed Use
Status
Pending
MLS#
PW24054099
City
Long Beach
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $3,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 1752 Cherry Ave

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Property Details for 1752 Cherry Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 7261006019
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: n/a
  • Directions: just south of PCH
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 1752 Cherry Ave

Last sold for $361,000 on May 6th, 2011

  • April, 2024

  • Apr 25, 2024

    Date

    Pending

    CRMLS: PW24054099

    $1,200,000

    Price

  • Mar 18, 2024

    Date

    Active

    CRMLS: PW24054099

    $1,200,000

    Price

  • May, 2011

  • May 6, 2011

    Date

    Sold (Public Records)

    Public Records

    $361,000

    Price

  • November, 2010

  • Nov 12, 2010

    Date

    Sold (Public Records)

    Public Records

    $404,928

    Price

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Tax History for 1752 Cherry Ave

Assessed Value (2020): $423,174
Year Land Value Improved Value Assessed Value
2020 $294,036 $129,138 $423,174

Home Value Compared to the Market

This property vs the competition

1752 Cherry Ave is listed 50.02% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $388.1 per/sqft which puts the price per square foot 39.07% lower than the median price per square foot for the city of Long Beach.

About 1752 Cherry Ave

Detailed summary of property

1752 Cherry Ave is a mixed use located in Long Beach, CA 90813 and is currently in escrow to be sold. This mixed use property offers 9 bedrooms, 7 bathrooms, roughly 3,092 living square feet, and sits on an approximately 8,502 square foot lot. 1752 Cherry Ave was first listed on ArdentRealEstateGroup.com on March 18, 2024. The homeowner is currently asking $1,200,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 50.02% higher than the median priced home. Local competing homes currently for sale include 16291 Countess Dr #310, 9504 Telegraph Rd and 9318 S Western Ave. While the average home in Long Beach, CA is selling in 54 days, 1752 Cherry Ave has a days on market of 18 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 1752 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 1752 Cherry Ave

Public county record property details
Beds
8
Baths
6
Year built
1922
Sq. Ft.
3,092
Lot Size
8,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7261-006-019

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
$695,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$612
Total Inventory
30
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.

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