Active

1060 Cherry #A B

Long Beach, CA 90813

$995,000 $4,194/Mo

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Overview

Bed

Bath

2,108

Sqft

5,597

Sqft(Lot)

Description

Prime Income-Producing Duplex in the Heart of Long Beach. This exceptional investment opportunity in one of Southern California’s most dynamic coastal cities is centrally located in a high-rental demand market and offers the perfect blend of steady rental income, future growth, and great location. The property is comprised of 2 separate units, ideal for investors or owner-occupants. Both units have new exterior & interior paint. Each unit features its own private garage - a highly desirable amenity for tenants giving it a competitive advantage to surrounding rentals and added rental value. The Front unit is currently rented at $3180/month, providing immediate income from day one. The front unit is comprised of 5 bedrooms (smaller sized) that have recent hard surface floor updates and 2 b athrooms. The spacious living room has tiled floors that extend to the ample kitchen equipped with abundant dark-stained cabinetry, granite countertops and includes a stove with fan/hood and double well sink. There’s also a charming shaded front porch, ample driveway parking that accommodates up to 3 vehicles and comes equipped with a wall heater. The back unit is currently vacant and has 4 rooms and 2 bathrooms with tile floors and hard floor surfaces throughout. The kitchen has ample wood-stained cabinetry with granite countertops and includes a stove and fan hood. The main bathroom has a tub and shower combo with pedestal sink and 2nd bathroom has a stand-alone shower. The driveway is accessible from an alley in the back that accommodates 1 car plus a 1 car garage. There’s also a private backyard with nice avocado tree. The property is conveniently located close by to everything that makes Long Beach so desirable. Close to Retro Row for unique boutiques, cafes, and local charm. Enjoy top-rated eateries and nightlife along 4th Street Corridor and a short 1.5-mile drive to Long Beach City Beach and waterfront attractions. Outdoor Recreation includes nearby Bixby Park and conveniently located just 3.5 miles from California State University, Long Beach. The property is just steps away from the bus pick-up and local grocery store and restaurants. Don’t miss out on this great investment property with multiple possibilities for owner occupants, house-hacking and pad splitting.

Property Details

Property Type : Residential Income

Price : $995,000

AD Id : 76533628

MLS Id : PW26066695

Beds : 9

Lot Size : 5,597 Sqft

Living Area Size : 2,108

Year Built : 1918

Garage : 2

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Shingle Interior Features: Ceiling Fan(s),Granite Counters,Unfurnished Property Appliances: Gas Oven,Water Heater Fireplace: None Flooring: See Remarks,Tile
Cooling Features

None Air Conditioning

Heating Source

Natural Gas,Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1918 Building Area Total: 2,108 Construction: Wood Siding Roof: Shingle
Foundation

Concrete Perimeter
Accessibility Features

None

Pool Features

None

Laundry Features

None

Fencing

Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1285
Lot Size Source: Assessor Lot Size Square Feet: 5597

Listing Price Information

Original List Price: 995,000 Listing Contract Date: 2026-03-27
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 7262008023 Annual Tax: 4825

Garage and Parking

Garage Description: Door-Single,Garage Faces Front,Garage,Garage Faces Rear

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: 3 - Eastside, Circle Area Directions: Cherry Avenue and 10th Street Source Property Type: Residential Income Area: 3 - Eastside, Circle Area Property SubType: Duplex
Building and Construction

Property Age: 108 Common Walls: No Common Walls Property Condition: Termite Clearance Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: Street Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1235-1237 E 15th Street, Long Beach, CA, 90813	$1,500,000	--	--	3,419	3,419 SqFt
1056 Hoffman, Long Beach, CA, 90813	$1,599,999	3	3	2,560	2,560 SqFt
926 E 11th, Long Beach, CA, 90813	$890,000	4	4	1,358	1,358 SqFt
411 E 8th, Long Beach, CA, 90813	$815,000	4	2	1,768	1,768 SqFt
1273 Chestnut, Long Beach, CA, 90813	$1,199,000	8	4	3,042	3,042 SqFt
1454 Magnolia, Long Beach, CA, 90813	$1,090,000	1	--	2,800	2,800 SqFt
1030 Daisy, Long Beach, CA, 90813	$1,150,000	6	3	1,885	1,885 SqFt

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ByOwner last updated this listing 06/12/2026 @ 03:21

MLS: PW26066695 LISTED BY: Omar Ruiz, Home Choice Property Mgt 714-420-6312 SOURCE: CRMLS