Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California's most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 bathrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There's also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-staine
How many bedrooms does this multi-family home have?
There are 9 bedrooms in this multi-family home at 1060 Cherry.
How does 1060 Cherry compare to other multi-family homes in Hellman?
This multi-family home is listed 53% below the average price for multi-family homes in Hellman and has been on the market for 14 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,108 sqft.
1060 Cherry is a 9-bedroom multi-family home for sale in Long Beach CA 90813. On Prevu for 34 days at $995,000. This residence features 2,108 square feet of living space, located in Hellman. The median listing price for multi-family homes in this area is $1,800,000. View other multi-family home listings in Long Beach.
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.