Marvin Phillip
Y Realty
(562) 740-8346
33 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
1364 Cherry Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $883,000 - $1,001,343
1
Bed
1
Bath
2,544
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- No HOA
- Bike Trail
- Front Yard
- Woodrow Wilson High School Rated A
About This Home
As of March 2026MOVE IN READY!!!
Four units just 1.4 miles from the beach. This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private balconies, while tenants also enjoy a massive front yard that presents future development potential, including possible ADU additions and garage conversions. Buyer to verify all development potential with the City of Long Beach. Recent capital improvements include a brand new roof, all new windows, and fresh interior and exterior paint, all completed in 2025 and interior finishes as seen in the photos. With the property delivered in its CURRENT CONDITION (See remarks), this property presents a rare blank canvas for an investor to renovate, reconfigure layouts if desired, and establish a tenant base of their choosing. The current status also offers a unique opportunity to position the asset to hedge against AB 1482 statewide rent control.
Last Agent to Sell the Property
Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 12/23/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,490
Year Built
- Built in 1924
Lot Details
- 5,200 Sq Ft Lot
- Two or More Common Walls
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,544 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for gas, trash collection, electricity
- Tax Lot 5
- Tax Tract Number 2900
- Assessor Parcel Number 7261023006
- $847 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $3,816
- Maintenance Expense $2,600
- Pest Control $325
- Water Sewer Expense $3,060
- New Taxes Expense $14,490
- Operating Expense $24,854
- Gross Income $88,680
- Net Operating Income $63,825
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 23, 2025
Closed on
Feb 4, 2026
Sold by
Bought by
Seller's Agent
Daniel Gomez
Younglewin Advisors, Inc.
Buyer's Agent
Casey McKinley
Compass
List Price
$1,075,000
Sold Price
$970,000
Premium/Discount to List
-$105,000
-9.77%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,664
Avg. Annual Appreciation
-2.11%
Original Mortgage
$695,100
Outstanding Balance
$692,441
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$268,895
Purchase Details
Closed on
Jun 19, 2025
Sold by
Bought by
Purchase Details
Closed on
Oct 10, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambodia Town, CA
-
Marvin Phillip
-
Albert Soto
Albert Soto
True Inmobiliaria
(657) 279-5316
91 Total Sales
1 in Cambodia Town
$580,000 Price
-
Venny Saucedo
Venny Saucedo
eXp Realty of Greater L.A
(424) 349-4410
45 Total Sales
1 in Cambodia Town
$920,000 Price
-
Gavin Plotkin
GP
Gavin Plotkin
Responds QuicklyVISMAR REAL ESTATE
(562) 684-0092
87 Total Sales
1 in Cambodia Town
$980,000 Price
-
Charles Lee
Charles Lee
Responds QuicklyOne Group Realty
(657) 220-9861
29 Total Sales
2 in Cambodia Town
$623K - $735K Price Range
-
Christine Morgan
Christine Morgan
Responds QuicklyMarterra Real Estate
(657) 279-5220
147 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $993,000 | Orange Coast Title Company | ||
| $650,000 | Orange Coast Title Company | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $695,100 |
Source: Public Records
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/04/2026 03/04/26 | Sold | $970,000 | -4.0% | $381 / Sq Ft | |
| 02/05/2026 02/05/26 | Price Changed | $1,010,000 | -6.0% | $397 / Sq Ft | |
| 12/23/2025 12/23/25 | For Sale | $1,075,000 | +65.4% | $423 / Sq Ft | |
| 09/02/2025 09/02/25 | Sold | $650,000 | -27.4% | $256 / Sq Ft | View Prior Sale |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- | |
| 05/12/2025 05/12/25 | For Sale | $895,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $1,449 | $47,489 | $25,462 | $22,027 |
| 2024 | $1,379 | $46,559 | $24,963 | $21,596 |
| 2023 | $1,347 | $45,647 | $24,474 | $21,173 |
| 2022 | $1,287 | $44,753 | $23,995 | $20,758 |
| 2021 | $1,237 | $43,876 | $23,525 | $20,351 |
| 2019 | $1,220 | $42,577 | $22,828 | $19,749 |
| 2018 | $1,130 | $41,743 | $22,381 | $19,362 |
| 2016 | $1,038 | $40,124 | $21,513 | $18,611 |
| 2015 | $1,011 | $39,522 | $21,190 | $18,332 |
| 2014 | $1,031 | $38,748 | $20,775 | $17,973 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Gomez
Seller's Agent in 2026
Daniel Gomez
Younglewin Advisors, Inc.
(562) 266-7629
1 in this area
26 Total Sales
-
Shane Young
Seller Co-Listing Agent in 2026
Shane Young
Younglewin Advisors, Inc.
(562) 556-1118
2 in this area
32 Total Sales
-
Casey McKinley
Buyer's Agent in 2026
Casey McKinley
Compass
(858) 761-1401
1 in this area
44 Total Sales
-
Kevin Kott
Seller's Agent in 2025
Kevin Kott
Kott & Company, Inc.
(714) 932-9109
1 in this area
53 Total Sales
-
Paul Kott
Seller Co-Listing Agent in 2025
Paul Kott
Kott & Company, Inc.
(714) 772-7000
1 in this area
85 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25276740
APN: 7261-023-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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