817 823 Cherry Ave, Long Beach, CA 90813

Property Description

Nice four unit building with updated exterior paint and roof, completely fenced in with wrought iron fence and gate. The front unit is a two story house with 3 bedrooms 2 bathrooms a family room and a dinning room(can easily be a fourth bedroom) with a 1 car detached garage with laundry hook ups, and a long drive that can easily accommodate a R.V. and several cars, currently rented for $1800.00 to long term tenants on a month to month. Area rents for this unit are estimated at $2250.00 to $2400.00, this front house does need some T.L.C. The back building consists of three additional units that are two, two bedroom one bath and a one bedroom one bath each with there own one car garage, there is also additional parking for two cars in the back. All three units in the back have been recently upgraded. The two bedrooms currently bring in rents of $850.00 and $950.00, market rent in the area estimated $1250.00 to 1350.00 and the one bedroom is currently at 675.00 should be around 900.00. DRIVE BY ONLY DO NOT DISTURB TENANTS MAKE OFFER SUBJECT TO INTERIOR INSPECTION THE FRONT HOUSE DOES NEED T.L.C. NO WARRANTIES IMPLIED OR EXPRESSED WHAT SO EVER BY SELLER OR SELLER AGENT BUYER AND BUYERS AGENT TO PERFORM THERE OWN DUE DILIGENCE