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$650,000
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Property Description
Presenting a rare investment opportunity at 1364 Cherry Avenue, Long Beach-this 4-unit property offers four spacious 1-bedroom, 1-bathroom units, ideal for both owner-occupants and investors seeking steady rental income. Each unit features a functional layout, natural light, and classic charm. The property includes four detached one-car garages, providing valuable off-street parking and potential for additional income. Situated on a generous lot, the front yard may allow for the addition of a fifth unit (buyer to verify with city), creating even greater value and versatility. Located in a high-demand rental area, this property offers convenient access to public transit, dining, and retail, making it attractive to long-term tenants.
Full Property Details
Full Property Details for 1364 Cherry Ave
General
- Sold For: $650,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25105457
- Added to Site: 253 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: E Anaheim & Cherry Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 2,544
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.1189
- Lot Size Source: Assessor
- Zoning: LBCNR
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $255.5
- Price Per Unit: 223750
Listed by Kott & Company, Inc., Kevin Kott and Kott & Company, Inc., Paul Kott
Sold by Kott & Company, Inc., Kevin Kott
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Schools
Schools serving 1364 Cherry Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School, Long Beach, CA 1620 Temple Avenue, Long Beach, CA 90804 | K-5 | 0.6 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 1.2 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1364 Cherry Ave
Date
Details
Price
Change
Source
9/02/2025
Sold
$650,000
-27.37%
MLS
5/12/2025
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1364 Cherry Avenue, Long Beach, CA 90813 (MLS# PW25105457) is a Multi-Family property that was sold at $650,000 on September 02, 2025. Want to learn more about 1364 Cherry Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

