1060 Cherry A & B

Long Beach, CA 90813
$995,000
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 separateRead MoreRead Less
Property listed by Home Choice Property Mgt, Omar Ruiz 7143093823
Listing Snapshot
Days Online
4
Last Updated
Property Type
Duplex
Lot Size
0.13 Acres
Year Built
1918
MLS Number
PW26066695
Property Location Map
Additional Details
Appliances & Equipment
GasOven, WaterHeater
Building
Built in 1918, 2 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: Street, Construction Materials: WoodSiding
Community
Sidewalks
Cooling
None
Accessibility Features
None
Expenses
Insurance: $2,432, Maintenance: $900, Operating: $8,332, Trash: $617, Water/Sewer: $645
Fence
Wood
Fireplaces
None
Floors
SeeRemarks, Tile
Foundation
ConcretePerimeter
Garage
2 spaces
Heating
NaturalGas, WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $30,900, Gross ScheduledIncome: $6,180, Net Operating Income: $30,900
Interior Features
CeilingFans, GraniteCounters, Unfurnished
Laundry
None
Lot
0.1285 acres, TwoToFiveUnitsAcre
Parking
2 carport spaces, 4 total parking spaces, DoorSingle, GarageFacesFront, Garage, GarageFacesRear
Pool
None
Property
TermiteClearance
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7262008023, Annual Amount: $4,825, Lot: 88
Tenant Pays
Electricity, Gas
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, Unknown, 2 separate electric meters, 2 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.