About 1364 Cherry
MOVE IN READY!!! Four units just 1.4 miles from the beach. This rare four unit property offers immediate move in readiness with strong long term upside. The property features four oversized one bedroom, one bath units, each with in unit laundry and garage parking in the rear. The upstairs units offer private balconies, while tenants also enjoy a massive front yard that presents future development potential, including possible ADU additions and garage conversions. Buyer to verify all development potential with the City of Long Beach. Recent capital improvements include a brand new roof, all new windows, and fresh interior and exterior paint, all completed in 2025 and interior finishes as seen in the photos. With the property delivered in its CURRENT CONDITION (See remarks), this property presents a rare blank canvas for an investor to renovate, reconfigure layouts if desired, and establish a tenant base of their choosing. The current status also offers a unique opportunity to position the asset to hedge against AB 1482 statewide rent control.
Features of 1364 Cherry
| MLS® # | PW25276740 |
|---|---|
| Price | $1,010,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Acres | 0.12 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 1364 Cherry |
|---|---|
| Area | LONG BEACH (90813) |
| City | Long Beach |
| County | Los Angeles |
| State | CA |
| Zip Code | 90813 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|---|
| Stories | 2 Story |
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Additional Information
| Date Listed | December 23rd, 2025 |
|---|---|
| Days on Market | 78 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Younglewin Advisors, Inc. |
|---|