NOT LISTED FOR SALE
9 Beds
7 Baths
3,092 Sq Ft
8,502 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $1,025,000 $332 Per Sq Ft

18 Days on Market

Highlights

  • Rectangular Lot
  • Woodrow Wilson High School Rated A
  • 1-Story Property

About This Home

As of May 2024

With a strong unit mix of majority three-bedroom units, including a single-family home, and 45 percent rental upside this is an excellent value-add opportunity in a strong coastal rental market.

1752 Cherry Avenue comprises a Craftsman three-bedroom/two-bath house, a triplex with one three-bedroom/two-bath unit, one three-bedroom/one-bath unit, and one studio, and a rear building that contains a non-conforming studio and a single-car garage. The property is gated and also offers four surface parking spaces.

Located in Eastside Long Beach just a few parcels south of Pacific Coast Highway, 1752 Cherry Avenue is centrally located and within 10 minutes of the 405 and 710 freeways as well as Cal State Long Beach. Additionally, Long Beach City College’s Pacific Coast Campus is just a few blocks away.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 03/18/2024

Co-Listed By

Ahmad Bdeiwi

Matteh Realty Group Inc Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01760479

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 03/18/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,502 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,092 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 18 / 3
  • Assessor Parcel Number 7261006019
  • $1,050 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LBCNR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7261006019
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 331.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8502.00
  • Lot Size Acres: 0.1952

Multi Family

  • Lot Size Area: 8502.0000 Square Feet
  • Number Of Units Total: 5
  • Rent Control: Yes

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5751.01
  • Tax Lot: 18
  • TaxOtherAnnualAssessmentAmount: 1050.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $1,025,000 -14.6% $332 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $1,200,000 +0.8% $388 / Sq Ft
08/26/2022 08/26/22 Sold $1,190,000 -2.5% $365 / Sq Ft View Prior Sale
08/26/2022 08/26/22 Pending -- -- --
05/17/2022 05/17/22 Price Changed $1,220,000 -6.2% $374 / Sq Ft
05/04/2022 05/04/22 For Sale $1,300,000 0.0% $399 / Sq Ft
08/05/2014 08/05/14 Rented $1,400 0.0% --
08/05/2014 08/05/14 For Rent $1,400 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $16,134 $1,045,500 $459,000 $586,500
2024 $16,134 $1,213,800 $867,000 $346,800
2023 $15,860 $1,190,000 $850,000 $340,000
2022 $6,205 $435,818 $303,023 $132,795
2021 $6,061 $427,274 $297,082 $130,192
2020 $6,046 $423,174 $294,036 $129,138
2019 $5,977 $414,883 $288,271 $126,612
2018 $5,704 $406,754 $282,619 $124,135
2016 $4,924 $390,693 $271,646 $119,047
2015 $4,733 $384,825 $267,566 $117,259
2014 $4,730 $377,288 $262,325 $114,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24054099

California Regional Multiple Listing Service (CRMLS)