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Image 1 - 1615 Cherry Ave, Long Beach, California, 90813 - House for sale
Image 2 - 1615 Cherry Ave, Long Beach, California, 90813 - House for sale
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Home For Sale In Long Beach, California
1615 Cherry Ave, Long Beach, California, 90813

Home For Sale In Long Beach, California

house for sale
Listed: 05/03/24

1615 Cherry Ave, Long Beach, California, 90813

9 Bed:
4 Bath:
3,546 Sq Ft Living Area:
Save
Price
$ 1,3M

About This House

Fantastic Investment Opportunity: Spacious 4-Unit Building in the Heart of an Up-and-Coming Neighborhood! Welcome to your next lucrative investment located just south of Signal Hill and within a short 2-mile radius of the stunning beaches. This prime property offers not only a sought-after location but also incredible potential for growth in an area currently undergoing rezoning for additional apartment density. Key Features: - Unit Mix: This well-maintained building consists of 4 units, featuring 2 expansive 3-bedroom apartments and 2 comfortable 2-bedroom apartments. The generous unit sizes are a standout feature, providing tenants with ample space and modern living comfort. - Prime Location: Nestled in the vibrant and up-and-coming neighborhood, this property is strategically positioned for optimal access to both the bustling city life and the tranquil beachfront. Residents can enjoy the best of both worlds.

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $939,766, an increase of 0.6% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of May 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.