1060 Cherry Ave Unit A & B Long Beach, CA 90813
Hellman NeighborhoodEstimated payment $6,062/month
Highlights
- Granite Countertops
- No HOA
- Ceiling Fan
- Wilson High School Rated A
- Tile Flooring
- 2 Car Garage
About This Home
Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location.
The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 bathrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There’s also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree.
The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.
Listing Agent
Omar Ruiz
Home Choice Property Mgt Brokerage Phone: 7143093823 License #02219862 Listed on: 03/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,825
Year Built
- Built in 1918
Lot Details
- 5,597 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Single Garage Door
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,108 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Termite Clearance
Kitchen
- Gas Oven
- Granite Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Source of electricity is unknown
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 88
- Tax Tract Number 5769
- Assessor Parcel Number 7262008023
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Eastside Subdivision
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,432
- Maintenance Expense $900
- Trash Expense $617
- Water Sewer Expense $645
- New Taxes Expense $5,000
- Operating Expense $8,332
- Gross Income $30,900
- Net Operating Income $30,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,825 | $339,755 | $189,480 | $150,275 |
| 2025 | $4,825 | $333,094 | $185,765 | $147,329 |
| 2024 | $4,597 | $326,564 | $182,123 | $144,441 |
| 2023 | $4,520 | $320,161 | $178,552 | $141,609 |
| 2022 | $4,255 | $313,884 | $175,051 | $138,833 |
| 2021 | $4,161 | $307,730 | $171,619 | $136,111 |
| 2020 | $4,150 | $304,576 | $169,860 | $134,716 |
| 2019 | $4,103 | $298,605 | $166,530 | $132,075 |
| 2018 | $3,904 | $292,751 | $163,265 | $129,486 |
| 2016 | $3,584 | $281,385 | $156,926 | $124,459 |
| 2015 | $3,445 | $277,159 | $154,569 | $122,590 |
| 2014 | $3,430 | $271,731 | $151,542 | $120,189 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $995,000 | -- | $472 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26066695
APN: 7262-008-023
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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