NOT LISTED FOR SALE

1946 Cherry Ave Signal Hill, CA 90755

Signal Hill Area

Estimated Value: $1,252,000 - $1,407,568

7 Beds
4 Baths
3,200 Sq Ft
$421/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2024

Last sale price $1,440,000 $450 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,011 / mo

53 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wall Furnace
  • Alvarado Elementary Rated 9+

About This Home

As of May 2024

Price Reduced!!!Highly sought after Signal Hill residential income property! THREE separate HOUSES!! 7 parking spaces! The front home (1946 Cherry) features 2 bedrooms. The middle home (1948 Cherry) has 2 bedrooms. The 3rd home (1950 Cherry) boasts 2 levels with 3 bedrooms and 2 baths. Each unit enjoys it’s own in unit separate side-by-side laundry. A/C, separate gas and electric meters. Truly an incredible property and investment opportunity. Live in one and rent the others. Note: prior to occupancy PHOTOS taken in 2022 (1946 Cherry) and Dec. 23 (1948 Cherry) respectively as they were remodeled. All units are currently leased.

Last Agent to Sell the Property

Enny Wiratiya

Century 21 On Target Brokerage Phone: 562-253-7812 License #01711728 Listed on: 02/08/2024

Century 21 On Target

Last Buyer's Agent

Choeun Kem

Pacific Delta License #01012546

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 6,501 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 90
  • Tax Tract Number 5
  • Assessor Parcel Number 7216014020
  • $1,078 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,725
  • Other Expense $13,462
  • Trash Expense $2,437
  • Water Sewer Expense $1,766
  • Operating Expense $7,200
  • Gross Income $86,964
  • Net Operating Income $66,494

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

6,501 Sq Ft Lot

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1766.00
  • Zoning: SHCG*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7216014020
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 450.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2437.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492
  • Latitude Manual: 33.79263500

Multi Family

  • Gross Income: 86964.00
  • Gross Scheduled Income: 86964.00
  • Insurance Expense: 1725.00
  • Lot Size Area: 6501.0000 Square Feet
  • Net Operating Income: 66494.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 20470.00
  • Other Expense: 13462.00
  • Other Expense Description: Prop Tax
  • Rent Control: Yes
  • Total Actual Rent: 7247.00
  • Total Expenses: 7200.00

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 90
  • Tax Tract Number: 5
  • TaxOtherAnnualAssessmentAmount: 1078.00

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

Closed on
Dec 30, 2025
Sold by
Bought by
Current Estimated Value
$1,348,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
0.0626%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 8, 2024
Sold by
Bought by
Seller's Agent
Enny Wiratiya
Century 21 On Target
Buyer's Agent
Choeun Kem
Pacific Delta
List Price
$1,549,999
Sold Price
$1,440,000
Premium/Discount to List
-$109,999
-7.1%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.01%
Original Mortgage
$938,000
Interest Rate
0.0682%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2023
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Fidelity National Title
$1,440,000 Chicago Title Company
-- None Listed On Document
$910,000 Stewart Title Company
-- Accommodation
$400,300 --
$125,000 Fidelity National Title
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 $840,000
Closed $938,000
Previous Owner $525,000
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
05/15/2024 05/15/24 Sold $1,440,000 -4.0% $450 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/22/2024 03/22/24 Price Changed $1,499,999 -3.2% $469 / Sq Ft
02/08/2024 02/08/24 For Sale $1,549,999 -- $484 / 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 $19,978 $1,468,800 $1,020,000 $448,800
2024 $13,684 $1,015,119 $725,086 $290,033
2023 $13,461 $995,216 $710,869 $284,347
2022 $12,656 $975,703 $696,931 $278,772
2021 $12,409 $956,572 $683,266 $273,306
2020 $12,375 $946,764 $676,260 $270,504
2019 $12,239 $928,200 $663,000 $265,200
2018 $6,701 $481,006 $430,810 $50,196
2016 $6,171 $462,330 $414,082 $48,248
2015 $5,948 $455,387 $407,863 $47,524
2014 $5,925 $446,468 $399,874 $46,594
Source: Public Records

Agents Affiliated with this Home

  • Enny Wiratiya

    Seller's Agent in 2024

    Enny Wiratiya

    Century 21 On Target

    (562) 253-7812

    12 Total Sales

    Enny Wiratiya
    Section Image

  • C

    Buyer's Agent in 2024

    Choeun Kem

    Pacific Delta

    (562) 599-7376

    4 Total Sales

    Choeun Kem
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24027003

California Regional Multiple Listing Service (CRMLS)

APN: 7216-014-020

California Los Angeles County Signal Hill 90755

1946 Cherry Ave, Signal Hill, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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