816 Cherry Ave Long Beach, CA 90813
Hellman NeighborhoodEstimated payment $6,987/month
Highlights
- No HOA
- Carpet
- Wall Furnace
- Woodrow Wilson High School Rated A
About This Home
Great opportunity to own this well-located 4-plex. The property is a short bike ride to the ocean, a stroll to 4th Street's 'Retro Row', and steps to restaurants, stores, gyms, markets, transportation, and more. The property includes two two-bedroom units and two one-bedroom units. The area is in high demand for parking, and the property has four single garages. Rents are good, but still have upside. Excellent opportunity to begin your portfolio or for owner-occupiers.
Listing Agent
Camino Realty Brokerage Phone: 310-320-4600 License #01217790 Listed on: 10/30/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 6,731 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Quadruplex
- Entry on the 2nd floor
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 1
- Assessor Parcel Number 7262009006
- $856 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,800
- Water Sewer Expense $2,400
- Operating Expense $4,800
- Net Operating Income $71,900
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,944 | $663,414 | $360,551 | $302,863 |
| 2024 | $8,944 | $650,407 | $353,482 | $296,925 |
| 2023 | $8,790 | $637,654 | $346,551 | $291,103 |
| 2022 | $8,265 | $625,152 | $339,756 | $285,396 |
| 2021 | $8,090 | $612,895 | $333,095 | $279,800 |
| 2019 | $7,976 | $594,717 | $323,216 | $271,501 |
| 2018 | $7,679 | $583,057 | $316,879 | $266,178 |
| 2016 | $7,067 | $560,418 | $304,575 | $255,843 |
| 2015 | $6,486 | $525,000 | $325,000 | $200,000 |
| 2014 | $6,858 | $550,000 | $300,000 | $250,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2026 01/06/26 | Price Changed | $1,195,000 | 0.0% | $460 / Sq Ft |
| 01/06/2026 01/06/26 | For Sale | $1,195,000 | -90.0% | $460 / Sq Ft |
| 12/30/2025 12/30/25 | Sold | $11,999,000 | +904.1% | $4,615 / Sq Ft |
| 11/11/2025 11/11/25 | Price Changed | $1,195,000 | -4.4% | $460 / Sq Ft |
| 10/30/2025 10/30/25 | For Sale | $1,250,000 | 0.0% | $481 / Sq Ft |
| 05/24/2018 05/24/18 | Rented | $1,650 | -4.3% | -- |
| 05/07/2018 05/07/18 | For Rent | $1,725 | +32.7% | -- |
| 11/27/2017 11/27/17 | Rented | $1,300 | 0.0% | -- |
| 11/12/2017 11/12/17 | For Rent | $1,300 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $552,000 | Premium Title Of Ca Inc | |
| Trustee Deed | $598,000 | None Available | |
| Grant Deed | $750,000 | First American Title Ins Co | |
| Grant Deed | $436,000 | Ort | |
| Interfamily Deed Transfer | -- | Gateway Title | |
| Grant Deed | $300,000 | Gateway Title | |
| Interfamily Deed Transfer | -- | Fidelity Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $525,000 | New Conventional | |
| Previous Owner | $270,000 | New Conventional | |
| Previous Owner | $562,500 | Negative Amortization | |
| Previous Owner | $240,000 | No Value Available | |
| Previous Owner | $93,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25247575
APN: 7262-009-006
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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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