Seller's Agent in 2017
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
18 in this area
79 Total Sales
546 Cherry Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
3
Beds
3
Baths
7,360
Sq Ft
8,126
Sq Ft Lot
Highlights
- 8,126 Sq Ft lot
- Fireplace in Kitchen
- Level Lot
- Woodrow Wilson High School Rated A
About This Home
As of April 2017546 Cherry Avenue is a twelve unit apartment community located in the Retro Row submarket of Downtown Long Beach and offers investors the opportunity to acquire a turn-key property in a strong, non-rent controlled market. The property was originally constructed in 1963 and features two (Studio), seven (1 Bedroom) and 3 (2 Bedroom) units, encompassing a gross area of 8,126 square feet. The building features controlled-access entry, on-site laundry and attached covered parking.
The Subject Property is located at 546 Cherry Avenue in the Retro Row neighborhood of Long Beach. The property is situated less than a mile from the ocean and just 3 blocks from the shops and restaurants of Retro Row along East 4th Street.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 02/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 8,126 Sq Ft Lot
- 1 Common Wall
- Level Lot
Parking
- 6 Car Garage
- Parking Available
- Front Facing Garage
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 7,360 Sq Ft Home
- Living Room with Fireplace
- Dining Room with Fireplace
- Fireplace in Kitchen
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5768
- Assessor Parcel Number 7262025010
Community Details
Building Details
- Electric Expense $8,325
- Gardener Expense $1,345
- Insurance Expense $3,200
- Maintenance Expense $4,450
- Other Expense $1,700
- Pest Control $720
- Professional Management Expense $11,033
- Supplies Expense $4,500
- New Taxes Expense $39,797
- Operating Expense $75,819
- Gross Income $220,650
- Net Operating Income $144,831
Additional Features
- 12 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/06/2017 04/06/17 | Sold | $3,300,000 | 0.0% | $448 / Sq Ft |
| 02/22/2017 02/22/17 | Pending | -- | -- | -- |
| 02/01/2017 02/01/17 | For Sale | $3,300,000 | -- | $448 / 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 | $50,999 | $3,829,929 | $1,740,877 | $2,089,052 |
| 2024 | $48,802 | $3,754,834 | $1,706,743 | $2,048,091 |
| 2023 | $47,974 | $3,681,211 | $1,673,278 | $2,007,933 |
| 2022 | $45,011 | $3,609,031 | $1,640,469 | $1,968,562 |
| 2021 | $44,119 | $3,538,266 | $1,608,303 | $1,929,963 |
| 2020 | $44,006 | $3,503,926 | $1,591,812 | $1,912,114 |
| 2019 | $43,487 | $3,435,260 | $1,560,600 | $1,874,660 |
| 2018 | $42,430 | $3,367,940 | $1,530,000 | $1,837,940 |
| 2016 | $22,742 | $1,825,000 | $1,100,000 | $725,000 |
| 2015 | $17,143 | $1,380,000 | $652,000 | $728,000 |
| 2014 | $16,467 | $1,300,000 | $614,200 | $685,800 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Steven Rime
Buyer's Agent in 2017
Steven Rime
Keller Williams Realty
(310) 779-3638
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17021726
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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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