Prevu by reAlpha
BuySellBlogBrowse Listings
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
1364 Cherry, Long Beach CA 90813
California>Long Beach>Central Long Beach

1364 CherryLong Beach, CA 90813

For Sale

$1,075,000

Smart Buyer Rebate $10,750

MOVE IN READY!!!
Four units just 1.4 miles from the beach.

This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private balconies, while tenants also enjoy a massive front yard that presents future development potential, including possible ADU additions and garage conversions. Buyer to verify all development potential with the City of Long Beach.

Recent capital improvements include a brand new roof, all new windows, and fresh interior and exterior paint, all completed in 2025 and interior finishes as seen in the photos.

With the property delivered in its CURRENT CONDITION (See remarks), this property presents a rare blank canvas for an investor to renovate, reconfigure layouts if desired, and establish a tenant base of their choosing. The current status also offers a unique opportunity to position the asset to hedge against AB 1482 statewide rent control.

Listed by Daniel Gomez

·

License #02081392

·

Younglewin Advisors, Inc.

·

562-266-7629

Listed by Shane Young

·

License #01963090

·

Younglewin Advisors, Inc.

Last updated December 25, 2025

·

Source: CRMLS #PW25276740

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Long Beach
  • Days on Prevu38
  • Taxes$14,490/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/23/2025
Listed by Younglewin Advisors, Inc.
$1,075,000

Property Details for 1364 Cherry

Association

Amenities

  • Community Features: Biking, Curbs, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1924
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: ground

Measurements

  • Building Area Total: 2,544
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,200
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,200
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.95
  • Gross Income: $88,680.00
  • Operating Expense: $24,854.00

Taxes

  • Parcel Number: 7261023006
  • Tax Annual Amount: $14,490.00
  • Tax Year: 2025

Other

Location

  • Tax Lot: 5

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Door-Single, Garage, Garage Faces Rear
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1364 Cherry.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1364 Cherry.

What are the annual taxes for 1364 Cherry?

Annual taxes for this multi-family home are estimated at $14,490.

How does 1364 Cherry compare to other multi-family homes in Central Long Beach?

This multi-family home is listed 29% below the average price for multi-family homes in Central Long Beach and has been on the market for 125 less days than the typical home in this area.

1364 Cherry is a -bedroom multi-family home for sale in Long Beach CA 90813. Listed on Prevu for 38 days at $1,075,000. This home is located in Central Long Beach. The median listing price for multi-family homes in this area is $919,000. Additional amenities include parking. Browse more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. 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.

Full MLS Disclaimers

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.