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Sold for $1,300,000
  • Listing Provided by: First Team Real Estate
    Bought with: Breeze Real Estate
    $1,300,000

    480 Cherry Ave, Long Beach, CA 90802

    5beds
    3baths
    3,642sqft
    Triplex
    Built in 1930
    -- sqft lot
    $1,316,100 Zestimate®
    $357/sqft
    $3,165 Estimated rent

    Home value

    $1,316,100

    $1.25M - $1.38M

    $3,165/mo

    Zestimate® history
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    $3,165/mo

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    $8,171/mo

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    What's special

    Exclusive listing in Long Beach's 90802 area. This 3-unit triplex offers two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit with a patio and gazebo. The property includes parking for at least six vehicles and is located near 4th Street and Retro Row. Each unit is separately metered for utilities. The building is eligible for the Mills Act, offering property tax benefits.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    David Forsyth DRE #01192265 949-375-2719,

    First Team Real Estate

    Bought with:

    Jason Tolliver, DRE #02254726

    Breeze Real Estate

    Source: CRMLS,MLS#: OC25221483MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Built-In Range, Disposal, Gas Water Heater, Dryer, Washer
    • Laundry: Common Area
    Features
    • Ceiling Fan(s), Laminate Counters, Track Lighting, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,642
    • Total interior livable area: 3,642 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level
    • Pool features: None
    Lot
    • Size: 6,276 sqft
    • Features: Street Level
    Details
    • Parcel number: 7263003005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Long Beach
    • Subdivision: Alamitos Heights (Ah)

    HOA & financial

    Other financial information
    • Total actual rent: 7120

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    3/31/2026Sold$1,300,000-5.5%$357/sqft
    Source: CRMLS #OC25221483 Report a problem
    2/12/2026Contingent$1,375,000$378/sqft
    Source: CRMLS #OC25221483 Report a problem
    9/21/2025Listed for sale$1,375,000+10%$378/sqft
    Source: CRMLS #OC25221483 Report a problem
    7/15/2025Listing removed$1,249,900$343/sqft
    Source: SDMLS #SB25063034 Report a problem
    6/23/2025Listed for sale$1,249,900+157.7%$343/sqft
    Source: SDMLS #SB25063034 Report a problem
    9/8/2003Sold$485,000+171.7%$133/sqft
    Source: Public Record Report a problem
    7/1/1998Sold$178,500$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,658 +4.4%$689,553 +2%
    2024$9,252 +1.7%$676,033 +2%
    2023$9,096 +6.3%$662,778 +2%
    2022$8,553 +2.2%$649,783 +2%
    2021$8,368 +0.3%$637,043 +1%
    2020$8,345 $630,512 +2%
    2019$8,345 +5.1%$618,150 +2%
    2018$7,942 $606,030 +2%
    2017$7,942 +1.3%$594,148 +2%
    2016$7,838 +7.8%$582,499 +1.5%
    2015$7,273 +4.8%$573,750 +2%
    2014$6,939 $562,512 +5%
    2009-- $535,476 +2%
    2008-- $524,978 +2%
    2007-- $514,685

    Find assessor info on the county website

    Neighborhood: Rose Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,316,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,316,100