1372 Cherry Ave, Long Beach, CA 90813

Property Description

ACCEPTING BACKUP OFFERS. 4 plex located in the heart of Long Beach - close to LBCC (PCH Campus) and LB Poly. Front duplex was built in 2021 from the ground up. The brand new front duplex has two 800 s.f, 2 bedroom - 1 bath units (one upstairs and one downstairs) with 9' ceilings and all the amenties you would expect from new constuction - grey shaker cabinets, new SS appliances (gas stove, over-the-range microwave, dishwasher and garbage disposal, celing fans in both bedrooms and family rooms, double paned / energy efficient windows, laminate flooring, beatifully tiled bathrooms, with large cubbies to store shampoo and other items, large medicine cabinets, and mirroed closet doors. The first floor unit features a private storage area under the stairs plus an enclosed backyard (approx. 22' wide and 8' deep. The upstairs unit features a back balcony. Tankless water heaters serve the front building. New 200 amp meters. Front duplex is 100% separately metered for water, gas, trash and sewer) There will be 1-2 surface spots in front. The existing rear duplex was built in 1955 and features 3 single car garages with two 500s.f 1 bedroom - 1 bath units above. Both are in original condition, just waiting to be updated. The rear duplex is not separately metered but water and electricity are miminal (less than $100/mo). The grounds have been fully landscaped and provide an idyllic setting for the tenants to enjoy. Currely the front upstairs unit is vacant, but will be actively marketed for $1950 + parking ($150 for a 1 car garage). The front apartment comes with a 1 year warranty for workmanship.