Long Beach, CA 90805,6202 Cherry AVE

$995,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6202 Cherry AVE Long Beach, CA 90805

2,150 SqFt

SOLD DATE : 10/28/2022

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $420

Subdivision Cherry Manor (Cm)

MLS Listing ID PW22195548

Year Built 1950

Annual Tax Amount $8,145

Tax Year 2022

Lot Size 4,604 Sqft

Property Description

Property Description:
6202 Cherry Avenue is a 4 unit apartment building, located in the city of Long Beach. The subject property is well-maintained and offers the new owner substantial upside in rents.

Property Highlights:
-Substantial Rental Upside
-Four Garages Available
-Gated Courtyard
-7.2% Cap Rate on Current Rents
-Excellent Visibility on Cherry Ave.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Zoning LBCCA

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Laundry Common Area

Exterior

Garage Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Building

Lot Description 26-30 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Peter Gillin • Morgan Skenderian
Bought with Joshua Glaz • Your Realty Inc.

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.