1060 Cherry A & B

Long Beach, CA 90813

About this property

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-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.

About this property

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-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$995,000 Active
0 Bed(s)
0
Baths
2,108 sqft

Presented By Desert Lifestyle Properties

Agent Image
Get in touch today! Phone: 1-760-818-7518
Brokerage
Home Choice Property Mgt
1-714-420-6312
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

3 Eastside | Circle Area | Los Angeles County | Eastside (ES)

$ 995,000
This listing is play_arrow 34.1% higher than the average in the area
$ 742,000 in the area
2,108 SqFt
This listing is play_arrow 119.6% larger than the average in the area
960 SqFt in the area
$ 472 $/SqFt
This listing is play_arrow 38.9% less than the average in the area
$ 773 $/SqFt in the area
150 days on site
This listing is play_arrow 294.7% above the average in the area
38 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Omar Ruiz
Brokerage: Home Choice Property Mgt

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Desert Lifestyle Properties

By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains