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1946 Cherry Avenue

Signal Hill, CA 90755
  • $1,549,999
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: RS24027003
UPDATED: 34 min ago
$1,549,999
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Listing Agent(s): Enny Wiratiya of Century 21 On Target (562-431-2011)


Description

Highly sought after Signal Hill residential income property! THREE separate HOUSES!! 7 parking spaces! The front home (1946 Cherry) features 2 bedrooms. The middle home (1948 Cherry) has 2 bedrooms. The 3rd home (1950 Cherry) boasts 2 levels with 3 bedrooms and 2 baths. Each unit enjoys its own in unit separate side-by-side laundry. A/C, separate gas and electric meters. Truly an incredible property and investment opportunity. Live in one and rent the others. Note: prior to occupancy PHOTOS taken in 2022 (1946 Cherry) and Dec. 23 (1948 Cherry) respectively as they were remodeled. All units are currently leased.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147398505
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1946 Cherry Avenue Signal Hill, CA 90755

  • Price: $1,549,999
  • Status: Active
  • On Site: 12 Days
  • Updated: 34 min ago
  • ID#: RS24027003
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1936
Built
Neighborhood:
Other
County:
Los Angeles
Area:
8 - Signal Hill
Property Description
Highly sought after Signal Hill residential income property! THREE separate HOUSES!! 7 parking spaces! The front home (1946 Cherry) features 2 bedrooms. The middle home (1948 Cherry) has 2 bedrooms. The 3rd home (1950 Cherry) boasts 2 levels with 3 bedrooms and 2 baths. Each unit enjoys its own in unit separate side-by-side laundry. A/C, separate gas and electric meters. Truly an incredible property and investment opportunity. Live in one and rent the others. Note: prior to occupancy PHOTOS taken in 2022 (1946 Cherry) and Dec. 23 (1948 Cherry) respectively as they were remodeled. All units are currently leased.
Exterior Features

Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 7 Parking Features AssignedUncovered Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Garage YN No Gross Income 86964 Gross Scheduled Income 86964 Insurance Expense 1725 Land Lease YN No Laundry Features InsideSee Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventional Net Operating Income 66494 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 20470 Other Expense 13462 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Total Actual Rent 7247 Trash Expense 2437 Water Sewer Expense 1766 Water Source Public Zoning SHCG*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Enny Wiratiya of Century 21 On Target (562-431-2011)