$2,595,000
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1036 Cherry Avenue, Long Beach, CA 90813

10 Beds
8 Baths
4,722 Sq Ft

8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 6.1% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash, further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8% annual rent increases (5%+CPI) for future upside. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

  • MLS# 25628703
  • Date Listed12/15/2025
  • Days on Realty 3 Days
  • Bedrooms 10
  • Bathrooms 8 baths
  • Lot Size 0.13 acres (5,844 sq. ft)
  • County Los Angeles
  • Year Built 1921
  • Square Feet 4,722 sq. ft
  • Price Per Sq. Ft $549.56

Interior Features

  • Heating Wall Furnace

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.13
  • Lot Size SQFT 5,844.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 90813

Source: Walkscore

86/100

Very Walkable

Walk Score ®

51/100

Good Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

18 nearby routes: 18 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 39/100, Bike Score: 62/100.

Points of Interest near 1036 Cherry Avenue, Long Beach, CA 90813

Frequently Asked Questions for 1036 Cherry Avenue

Source: Realty.com

1036 Cherry Avenue, Long Beach, CA 90813 is a , Residential Income property listed for $2,595,000 The property is 4722 sq. ft with 10 bedrooms and 8 bathrooms

Realty.com has 15 photos of 1036 Cherry Avenue.

Our records indicate that 1036 Cherry Avenue was built in 1921.

The full address for this home is 1036 Cherry Avenue, Long Beach, CA 90813.

1036 Cherry Avenue has been listed on Realty.com since Mon December 15, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 39/100, Bike Score: 62/100.

There are 3 schools assigned to this home. Check out the schools near 1036 Cherry Avenue. Willard Elementary School (Grades: PK - 5), Butler Middle (Grades: 6 - 8), Clear Passage Educational Center (Grades: 9 - 12)

Listing provided courtesy of: Global Platinum Properties, Inc. (tel: 424-394-1030)
Listing agent: Armin Soleimani (tel: 310-666-2246) (#CLW-C120232)

This content last refreshed on 2025-12-18 01:05:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1036 Cherry Avenue, Long Beach, CA 90813 : MLS# 25628703