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Off market
  • $871,400

    1086 Cherry Ave, Long Beach, CA 90813

    3beds
    0baths
    2,280sqft
    SingleFamily
    Built in 1923
    5,710 Square Feet Lot
    $871,400 Zestimate®
    $382/sqft
    $3,506 Estimated rent

    Home value

    $871,400

    $776,000 - $967,000

    $3,506/mo

    Zestimate® history
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    Rent Zestimate®

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    $5,443/mo

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    What's special

    Great Investment Opportunity with increased upside potential! This Triplex is located in a fast developing central Long Beach corridor. This highly desirable rental neighborhood is well recognized for its excellent walk-ablity score , school district and convivence to the major Long Beach public transportation artery . County Assessor office shows this a three bedroom / three bath triplex. Due to the size of the units the Front Two Units have been converted to 2 bedrooms/1baths / 1 living room You will find the Large THIRD Apartment over the 4 Garages. This unit has a large 1 large bedroom and a separate big living room In addition to 4 single car garages there are 5 parking spots and a common yard in between the 2 buildings. This parking area and 4 garage set up is a real value for the tenants. The Driveway is common use with adjacent property. Rents are on a month to month basis and at the risk of being redundant carry an immediate up value potential and are scheduled for increase when covid regulations allow. As this property is separately metered the tenants pay for all utilities accept water and while the property is well maintained costs to the property owner are minor

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • None, Other
    Cooling
    • Wall
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 2,280 sqft

    Property

    Parking
    • Total spaces: 9
    Features
    • Exterior features: Other
    Lot
    • Size: 5,710 sqft
    Details
    • Parcel number: 7262008004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1923

    Community & neighborhood

    Location
    • Region: Long Beach

    Price history

    DateEventPrice
    4/29/2021Listing removed--
    Source: HomeSmart Report a problem
    2/5/2021Pending sale$785,000$344/sqft
    Source: HomeSmart Realty Group #PW21012656 Report a problem
    2/4/2021Listed for sale$785,000+74.4%$344/sqft
    Source: HomeSmart Realty Group #PW21012656 Report a problem
    6/6/2016Sold$450,000-2.2%$197/sqft
    Source: Public Record Report a problem
    3/30/2016Pending sale$460,000$202/sqft
    Source: First American Team Realty Inc #PW15251966 Report a problem
    3/5/2016Price change$460,000-7.1%$202/sqft
    Source: First American Team Realty Inc #PW15251966 Report a problem
    1/10/2016Price change$495,000-5.7%$217/sqft
    Source: First American Team Realty Inc #PW15251966 Report a problem
    11/24/2015Listed for sale$525,000+43.8%$230/sqft
    Source: First American Team Realty Inc #PW15251966 Report a problem
    12/30/2010Sold$365,000-2.7%$160/sqft
    Source: Public Record Report a problem
    11/19/2009Listing removed$375,000$164/sqft
    Source: Keller Williams Coastal Prop #R904759 Report a problem
    10/16/2009Price change$375,000+4.2%$164/sqft
    Source: Keller Williams Coastal Prop #R904759 Report a problem
    8/1/2009Listed for sale$360,000+44%$158/sqft
    Source: Keller Williams Coastal Prop #R904759 Report a problem
    12/15/2008Sold$250,000-55.9%$110/sqft
    Source: Public Record Report a problem
    11/6/2007Sold$567,300-18.4%$249/sqft
    Source: Public Record Report a problem
    9/19/2006Sold$695,000+208.9%$305/sqft
    Source: Public Record Report a problem
    10/2/2002Sold$225,000$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,775 +5%$532,703 +2%
    2024$7,407 +1.8%$522,259 +2%
    2023$7,274 +6.3%$512,019 +2%
    2022$6,842 +5.6%$501,980 +2%
    2021$6,481 +0.3%$492,138 +1%
    2020$6,464 $487,093 +2%
    2019$6,464 +5.1%$477,543 +2%
    2018$6,153 $468,180 +2%
    2017$6,153 -5.9%$459,000 +16.3%
    2016$6,538 +30.3%$394,697 +1.5%
    2015$5,019 +4.5%$388,769 +2%
    2014$4,803 $381,154 +4.5%
    2011-- $364,700 +46.2%
    2010-- $249,407 -37.6%
    2009-- $400,000 -29.2%
    2008-- $565,000 -18.7%
    2007-- $695,000 +191.5%
    2006-- $238,458
    2005-- $238,458 -25.4%
    2004-- $319,600 +42%
    2003-- $225,000 +264.3%
    2002-- $61,757 +4%
    2000-- $59,360

    Find assessor info on the county website

    Neighborhood: East Side

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $871,400
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    Estimated market value
    $871,400