816 Cherry Long Beach, CA $ 1,195,000
816 Cherry
$ 1,195,000
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816 Cherry

Long Beach, CA, 90813
$ 1,195,000
Baths1.0 Sq 2,600

Monthly Estimate*

$ 7,455

Listed by Camino Realty
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View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,195,000 with 1 full bath. This 2,600 square foot home was built in 1939 on a lot size of 0.1545.

Great opportunity to own this well-located 4-plex. The property is a short bike ride to the ocean, a stroll to 4th Street's 'Retro Row', and steps to restaurants, stores, gyms, markets, transportation, and more. The property includes two two-bedroom units and two one-bedroom units. The area is in high demand for parking, and the property has four single garages. Rents are good, but still have upside. Excellent opportunity to begin your portfolio or for owner-occupiers.

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Multi-Family Contingent

Price

$ 1,195,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1545

Year Built

1939

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB25247575

Days on Market

59

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Available Natural Gas Available Sewer Connected Water Connected
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1939
Tenant Pays Electricity Gas Trash Collection
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 0
Community Features Street Lights
County Los Angeles
Net Operating Income 71900
Operating Expense 19300
Insurance Expense 2800
New Construction false
Property Type Residential Income
HOA false
Contingency Buyers are expected to cooperate with the seller's 1031 exchange. The seller has identified their replacement property so there will be no delay for the buyers.
Subdivision Name unknown
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Cherry ave between 7th & 9th
City Long Beach
Entry Location front door
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 9 - Poly High
Lot Size Units Square Feet
Lot Size Square Feet 6731
Number of Units Leased 4
Listing Terms 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Walk Score 91
Water Sewer Expense 2400
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.wellcomemat.com/mls/5c9gb4a201de1mddl https://www.wellcomemat.com/video/5c9gb4a201de1mddl/LONG/CA/90813/Cherry/SB25247575/
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 7
Total Actual Rent 7600
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Vinyl
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Laundry Features None
Entry Level 2
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Exterior
Parking Features Door-Single Garage
Lot Features 0-1 Unit/Acre
Total Parking 8
Lot Size Area 6731
Number of Buildings 1
Building Area Total 2600
Lot Size Acres 0.1545
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Camino Realty

Broker

rickpadilla7@gmail.com

Email

Affordability Calculator

$7,455
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Monthly Principal & Interest
$7,455
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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$1,195,000 Listed Price

Map


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816 Cherry, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,195,000 with 2,600 sqft and a lot size of 0.1545. 816 Cherry is a studio with 1.0 baths and was built in 1939. The property's zip code is 90813 which is in Long Beach, CA