• Facebook
  • Instagram
  • LinkedIn
Phone949-842-4200
Login or sign up for new accountLogin / Register
Email MeEmail Me
  • Search Listings
    • Residential
    • Lease
  • Previous Sales
  •   Local
    • Aliso Viejo
    • Dana Point
    • Laguna Hills
    • San Juan Capistrano
    • Laguna Niguel
    • San Clemente
    • Mission Viejo
  •   Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  •     Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  •     Services
    • Thinking of Selling in 2022?
    • Onepoint
    • Home Financing
    • Insurance
    • Escrow
    • Title
    • Home Warranty
    • PRESALE/STAGING
    • Relocation
  •     About
    • Lynette Colletta
    • Testimonials
    • Press Release "10 Best in CA"
    • Awards Celebration
    • Awards Celebration Honoring Top Producer Lynette Colletta
    • Leadership Team
    • About Us
    • Globally Respected
    • The Charitable Foundation
    • Diversity & Inclusion
    • Doyle
    • Agents Only
  • Blog
Menu
Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
Any Price
-
  • 0
  • $100,000+
  • $250,000+
  • $500,000+
  • $750,000+
  • $1,000,000+
0+ Beds
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
0+ Baths
  • 0+
  • 1+
  • 2+
  • 3+
  • 4+
  • 5+
Property Type
Other
VIRTUAL TOUR
1036 Cherry Avenue Long Beach, CA 90813
$2,275,000 10 beds, 8 baths
4, 722 sqft
Save My Notes
 

Photo of Lynette Colletta

Lynette Colletta REALTORĀ® - Sales Associate 949-842-4200 m
949-495-1800 o
949-249-9064 f
Lic#: 00900787
NRDS ID: 205522876
lynette@lynettecolletta.com
Text Me
Call My Cell
Call My Office
949-249-9064 f
Lic#: 00900787
NRDS ID: 205522876
lynette@lynettecolletta.com
Laguna Niguel Office
30221 Golden Lantern, Ste. A-B
Laguna Niguel, CA 92677
Phone: 949-495-1800
Fax: 949-249-9064
Laguna Niguel 30221 Golden Lantern, Ste. A-B
Laguna Niguel, CA 92677
Call Branch Office
Fax: 949-249-9064
Interested in This Property? Your message will be sent to Lynette.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.
  • Save
  • My Notes

Agent Remarks

Huge ~300k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 7.5% from day 1! Excellent unit mix of 1 (3bed/1bath) unit and 7 (1bed/1bath) units including 2 brand-new attached ADUs. Several units boast updated cabinets, flooring, kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash, further minimizing the operating expenses. Non-LA-City rent controlled asset allowing significant 8.7% annual rent increases (5%+CPI) for future upside. Prime North Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26839619
List price is $2,275,000 Reduced by $75,000 on 6/30/2026
Beds: 10
Baths: 8
Built in 1921
4,722 sqft
2 stories
0.13 acres
Lot size: 0.1342
County: Los Angeles
Property style: Traditional
Zoning: LBR2N
Parking description: None
Heating description: Wall Furnace
MLS area: 3 - Eastside, Circle Area

Last Updated: 6/30/2026

 Find more Long Beach homes and real estate

 Find more homes in 90813 zip code

This listing belongs to the 3 - Eastside, Circle Area MLS area

The style of this listing is Traditional.
Find more Traditional style homes for sale

Lat/Long: 33.779619, -118.167325.
Find nearby listings


Listing Agent: Julio Ruiz
Co Listing Agent: Armin Soleimani
Lic#: 00900787
Office Name: Laguna Niguel

Area Map

CLICK TO VIEW MAP

Nearby Schools

No schools were found in the area

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

  • Search
    • My Previous Sales
    • Residential
    • Lease
    • Open Houses
    • Commercial
    • New Homes
    • Luxury
  • Buyers
    • Renting vs. buying
    • How much can I afford?
    • Why work with a real estate agent
    • Finding your home
    • What do you want in a home?
    • Submitting an offer
    • After the offer is accepted
    • Moving
  • Sellers
    • Why work with a real estate agent
    • Getting your home ready for sale
    • Pricing your home to sell
    • Negotiating the sale
    • Transaction management
    • Moving
  • Services
    • Thinking of Selling in 2022?
    • Prosperity Home Mortgage
    • HomeServices Relocation
    • HomeServices Insurance Agency
    • Pickford Escrow
    • California Title Company
    • American Home Shield
    • PINNACLE
    • myNHD
  • About
    • Leadership Team
    • About Us
    • Globally Respected
    • The Charitable Foundation
    • Diversity & Inclusion
    • Doyle
    • Agents Only

Photo of Lynette Colletta

Lynette Colletta REALTORĀ® - Sales Associate 949-842-4200 m
949-495-1800 o
949-249-9064 f
Lic#: 00900787
NRDS ID: 205522876
lynette@lynettecolletta.com
Text Me
Call My Cell
Call My Office
949-249-9064 f
Lic#: 00900787
NRDS ID: 205522876
lynette@lynettecolletta.com

Laguna Niguel Office
30221 Golden Lantern, Ste. A-B
Laguna Niguel, CA 92677
hsoa-logo
  • Facebook
  • Instagram
  • LinkedIn

© 2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.
Lic#: 01317331

Photo of Equal Housing Opportunity Privacy Policy - California Privacy Notice - Terms of Use - Accessibility
Do Not Sell My Personal Information DMCA.com Protection Status