6029 Cherry Avenue, Long Beach, CA 90805

$1,195,000
Sold Price
$1,195,000
List Price
$1,195,000
Closing Date
May 18, 2021
Status
CLOSED
MLS#
PW21026135
Year Built
1959
Lot Size
4,678
Acres
0.11
Lot Location
6-10 Units/Acre
Days on Market
481
Property Type
Multifamily
Stories
Two Levels
Neighborhood
North Long Beach (Nlb)

Property Description

Property Highlights EXCLUSIVE LISTING | MULTIFAMILY OPPORTUNITY • Substantial Upside in Rents • Located Near the New Long Beach Exchange Retail Center • $35,000 Invested in Improvements Since 2018 • New Roof, Exterior Paint & New Landscaping • Gated Entry • 13% Cash-on-Cash on Market Rents

Additional Information

Taxes
$14,459
Pool Description
None
Heat
Forced Air
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$95,580
Operating Expense
26773

Listing courtesy of Listing Agent: Peter Gillin (pdg@morganskenderian.com) from Listing Office: Morgan Skenderian.

Listing sold by Cody Charnell from Buckingham Investments

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.