532 Cherry Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
4
Beds
4
Baths
2,016
Sq Ft
5,353
Sq Ft Lot
Highlights
- 0.12 Acre Lot
- No HOA
- 2 Car Garage
- Woodrow Wilson High School Rated A
- Laundry Room
- Wall Furnace
About This Home
As of March 2025PRIME EASTSIDE LOCATION! 4-PLEX ALL 1 BEDROOM/1 BATHROOM UNITS. 2 GARAGES AND 1 ADDITIONAL PARKING SPACE AND ONSITE LAUNDRY ROOM BOTH BRINGING IN ADDITIONAL INCOME!! REMODELED UNITS. NEWER EXTERIOR PAINT PROPERTY. GREAT RENTAL MARKET WITH CLOSE PROXIMITY TO CSULB, SHOPPING, RESTAURANTS AND ONLY 5 BLOCKS TO THE BEACH! HURRY THIS 4-PLEX WILL NOT LAST LONG!
Last Agent to Sell the Property
The Moore Group Brokerage Phone: 7148097608 License #01926377 Listed on: 11/24/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01768689
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,495
Year Built
- Built in 1959
Lot Details
- 5,353 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 1 Open Parking Space
- Parking Available
Home Design
- Quadruplex
Interior Spaces
- 2,016 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 4 / F
- Tax Tract Number 576
- Assessor Parcel Number 7262025013
- $767 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Eastside Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $90,624
- Net Operating Income $67,968
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2024
Closed on
Mar 6, 2025
Sold by
5Mg Investment Group Inc
Bought by
Jvl Investment 532 Cherry/Ca Llc
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Caryl Sauers
Berkshire Hathaway HomeServices California Properties
List Price
$1,150,000
Sold Price
$1,150,000
Total Days on Market
78
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$862,500
Outstanding Balance
$862,500
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$318,589
Purchase Details
Listed on
May 29, 2020
Closed on
May 7, 2020
Sold by
Stambolian Aris Voskan and Aris Voskan Stambolian
Bought by
Smg Investment Group Inc
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$1,105,575
Sold Price
$1,105,575
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$995,000
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 21, 2012
Closed on
Feb 12, 2013
Sold by
Stambolian Anzhela Amlikos
Bought by
Stambolian Aris Voskan and Aris Voskan Stambolian Revocable Trust
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Purchase Details
Listed on
Nov 21, 2012
Closed on
Feb 4, 2013
Sold by
Toprakjian Suzan
Bought by
Stambolian Aris and Aris Voskan Stambolian Revocable Trust
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Purchase Details
Listed on
Nov 21, 2012
Closed on
Jan 2, 2013
Sold by
Mendoza Nestor and Mendoza Judith
Bought by
Toprakjian Suzan
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Purchase Details
Closed on
Aug 7, 2006
Sold by
Newell Tracey and West Victoria
Bought by
Mendoza Nestor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 28, 2006
Sold by
Newell Tracey
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 19, 2006
Sold by
Newell Tracey and West Victoria
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 26, 2005
Sold by
Newell Tracey
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2005
Sold by
George Daniel Lorren and Macsween George Sandra Lynn
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2001
Sold by
Hanson Kenneth F and Hanson Cathleen M
Bought by
George Daniel Lorren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,616
Interest Rate
7.09%
Mortgage Type
FHA
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,150,000 | Ticor Title Company | |
| Grant Deed | $1,106,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $280,000 | None Available | |
| Grant Deed | $350,000 | First American Title Co La | |
| Grant Deed | $755,000 | Ortc | |
| Grant Deed | $50,000 | Ortc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $585,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $219,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $862,500 | New Conventional | |
| Previous Owner | $995,000 | Commercial | |
| Previous Owner | $566,250 | Negative Amortization | |
| Previous Owner | $526,500 | New Conventional | |
| Previous Owner | $218,300 | Unknown | |
| Previous Owner | $215,616 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $1,150,000 | 0.0% | $570 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 11/24/2024 11/24/24 | For Sale | $1,150,000 | +4.0% | $570 / Sq Ft |
| 05/29/2020 05/29/20 | Sold | $1,105,575 | 0.0% | $553 / Sq Ft |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | For Sale | $1,105,575 | +215.9% | $553 / Sq Ft |
| 01/21/2013 01/21/13 | Sold | $350,000 | 0.0% | $173 / Sq Ft |
| 11/26/2012 11/26/12 | Pending | -- | -- | -- |
| 11/21/2012 11/21/12 | For Sale | $350,000 | -- | $173 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $15,495 | $1,185,316 | $643,320 | $541,996 |
| 2023 | $15,233 | $1,162,075 | $630,706 | $531,369 |
| 2022 | $14,297 | $1,139,290 | $618,340 | $520,950 |
| 2021 | $14,016 | $1,116,952 | $606,216 | $510,736 |
| 2020 | $5,441 | $394,630 | $281,494 | $113,136 |
| 2019 | $5,378 | $386,904 | $275,975 | $110,929 |
| 2018 | $5,173 | $379,329 | $270,564 | $108,765 |
| 2016 | $4,765 | $364,081 | $260,058 | $104,023 |
| 2015 | $4,582 | $358,613 | $256,152 | $102,461 |
| 2014 | $4,569 | $351,589 | $251,135 | $100,454 |
Source: Public Records
Agents Affiliated with this Home
-
Kristina Moore
Seller's Agent in 2025
Kristina Moore
The Moore Group
(714) 809-7608
1 in this area
26 Total Sales
-
Caryl Sauers
Buyer's Agent in 2025
Caryl Sauers
Berkshire Hathaway HomeServices California Properties
(951) 529-4369
2 in this area
33 Total Sales
-
Juan Huizar
Seller's Agent in 2020
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
4 in this area
106 Total Sales
-
Caleb Baldwin
Seller Co-Listing Agent in 2020
Caleb Baldwin
INTI Realty
(562) 572-4978
3 in this area
62 Total Sales
-
George Bustamante
Buyer's Agent in 2020
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
1 in this area
47 Total Sales
-
Belinda Hernandez
Seller's Agent in 2013
Belinda Hernandez
T.N.G. Real Estate Consultants
(626) 428-2996
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24239437
APN: 7262-025-013
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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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