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480 Cherry Ave. Long Beach, CA $ 1,375,000
480 Cherry Ave.
$ 1,375,000
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480 Cherry Ave.

Long Beach, CA, 90802
$ 1,375,000
Baths1.0 Sq 3,642

Monthly Estimate*

$ 8,578

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,375,000 with 1 full bath. This 3,642 square foot home was built in 1930 on a lot size of 0.1441.

Exclusive listing in Long Beach's 90802 area. This 3-unit triplex offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit with a patio and gazebo. The property includes parking for at least six vehicles and is located near 4th Street and Retro Row. Each unit is separately metered for utilities. The building is eligible for the Mills Act, offering property tax benefits.

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Multi-Family Active

Price

$ 1,375,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1441

Year Built

1930

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC25221483

Days on Market

91

Features
General
Sewer Public Sewer
Heating Central
Cooling None
Utilities Electricity Connected Phone Available
Possession Close Of Escrow
Appliances Built-In Range Disposal Gas Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1930
Electric Electricity - On Property
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 75000
Community Features Biking
Accessibility Parking
County Los Angeles
Net Operating Income 71000
Operating Expense 100
Insurance Expense 2500
New Construction 0
Property Type Residential Income
HOA 0
Subdivision Name Alamitos Heights (AH)
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Between 7th street / 4th
City Long Beach
Entry Location Ground Level
Senior Community Y/N 0
Open Parking Spaces 4
Number Of Units Total 3
MLS Area 2 - Belmont Heights Alamitos Heights
Lot Size Units Square Feet
Lot Size Square Feet 6276
Number of Units Leased 3
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 30
Walk Score 97
Water Sewer Expense 60
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 5
Total Actual Rent 7120
Property Sub Type Additional Triplex
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Interior
Interior Amenities Ceiling Fan(s) Laminate Counters Track Lighting Bedroom on Main Level Main Level Primary Walk-In Closet(s)
Flooring Tile Wood
Fireplace Features Living Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N 0
Heating Y/N 1
Fireplace Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 6
Lot Size Area 6276
Number of Buildings 2
Building Area Total 3642
Lot Size Acres 0.1441
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
First Team Real Estate

Broker

forsyth678@aol.com

Email

Affordability Calculator

$8,578
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Monthly Principal & Interest
$8,578
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,375,000 Listed Price

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480 Cherry Ave., Long Beach, CA, 90802 is a Multi-Family Home for sale at $1,375,000 with 3,642 sqft and a lot size of 0.1441. 480 Cherry Ave. is a studio with 1.0 baths and was built in 1930. The property's zip code is 90802 which is in Long Beach, CA