$2,195,000
Original price: $2,275,000
- 10 Beds
- 8 Baths
- 4,722 sqft
1036 Cherry Ave, Long Beach, CA 90813
Est. Mortgage $13,951/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1921
$465/sqft
Local Information
-- mins to
About this House
Huge ~400k Price Reduction! 8 Renovated Non-Rent Controlled units cash flowing at an amazing Current Cap Rate of 7.75% 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.
Last check for updates: about 15 hours ago
Listing courtesy of Armin Soleimani DRE # 01846872, (310) 666-2246
Global Platinum Properties, Inc., (424) 394-1030
Julio Ruiz DRE # 01911261, (818) 524-0706
Global Platinum Properties, Inc., (424) 394-1030
Source: CLAW, MLS#26869003

Also Listed on CRMLS.
Home Details for 1036 Cherry Ave
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 8 |
Dimensions and Layout Living Area: 4722 Square Feet |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
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Days on Market: 46 |
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Year Built Year Built: 1921 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional |
Property Information Condition: Updated/RemodeledParcel Number: 7262008019 |
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Price List Price: $2,195,000Price Per Sqft: $465 |
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MLS Status: Active |
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Direction & Address City: Long Beach |
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Listing Agent Listing ID: 26869003 |
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Building Area Building Area: 4722 Square Feet |
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Lot Area: 5845.752 sqft |
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Special Conditions: Standard |
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Mls Number: 26869003 |
Around this home
What Locals Say about East Side
At least 241 Trulia users voted on each feature.
95 % Say there are sidewalks
93 % Say it's dog friendly
81 % Say it's walkable to restaurants
74 % Say car is needed
72 % Say it's walkable to grocery stores
65 % Say streets are well-lit
57 % Say there's holiday spirit
54 % Say people would walk alone at night
52 % Say neighbors are friendly
52 % Say yards are well-kept
50 % Say they plan to stay for at least 5 years
49 % Say kids play outside
48 % Say there's wildlife
38 % Say it's quiet
30 % Say parking is easy
18 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated August 2026
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM
Home Value
Trulia Estimate
$2.11MSince last month
Decreased$56K (-2.6%)Since last year
Decreased$53K (-2.4%)Since last sale
Increased$1M (+91.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.11M |
| August 2026 | $2.17M |
| July 2026 | $2.16M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $1,250,000 | 10/15/25 | 5 | 6 | 3,311 | |
0.23 | Multi-Family Home | $1,190,000 | 05/22/26 | 8 | 5 | 3,119 | |
0.28 | Multi-Family Home | $1,425,000 | 07/01/26 | 12 | 5 | 3,993 | |
0.42 | Multi-Family Home | $1,420,000 | 06/30/26 | 9 | 6 | 3,720 | |
0.40 | Multi-Family Home | $1,150,000 | 05/01/26 | 12 | 10 | 3,022 | |
0.13 | Multi-Family Home | $1,050,000 | 10/15/25 | 5 | 4 | 3,028 | |
0.14 | Multi-Family Home | $1,175,000 | 01/07/26 | 6 | 4 | 2,600 | |
0.54 | Multi-Family Home | $1,392,000 | 11/07/25 | 8 | 7 | 4,800 | |
0.13 | Multi-Family Home | $930,000 | 05/08/26 | 6 | 4 | 2,119 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $1,156,100 | 7 | 4 | 2,544 | Off Market | |
0.03 | $995,000 | 9 | 4 | 2,108 | For Sale | |
0.06 | $2,345,000 | 17 | 10 | 6,770 | For Sale | |
0.03 | - | - | - | - | Off Market | |
0.10 | $2,900,000 | 17 | 17 | 6,805 | Recently Sold | |
0.04 | $325,000 | 1 | 1 | 561 | For Sale | |
0.09 | - | 4 | 3 | 1,680 | Off Market | |
0.09 | $2,800,000 | Studio | 16 | 4,508 | For Sale | |
0.11 | $1,577,000 | Studio | 10 | 3,909 | Off Market | |
0.10 | $880,000 | 6 | 3 | 2,059 | Recently Sold | |
0.09 | $1,199,000 | 8 | 6 | 3,744 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 10, 2026 Source: CLAW #26869003 | PriceChange | $2,195,000 Price decreased by 4% |
Aug 6, 2026 Source: CLAW #26869003 | Listed For Sale | $2,275,000 |
Jul 29, 2026 Source: CLAW #26839619 | ListingRemoved | $2,275,000 |
Jun 30, 2026 Source: CLAW #26839619 | PriceChange | $2,275,000 Price decreased by 3% |
May 28, 2026 Source: CLAW #26839619 | Listed For Sale | $2,350,000 |
May 22, 2026 Source: CLAW #26792189 | ListingRemoved | $2,360,000 |
Apr 23, 2026 Source: CLAW #26792189 | Listed For Sale | $2,360,000 |
Apr 22, 2026 Source: CLAW #26657279 | ListingRemoved | $2,360,000 |
Mar 25, 2026 Source: CLAW #26657279 | PriceChange | $2,360,000 Price increased by 131,376% |
Mar 14, 2026 Source: Zillow Rentals | ListingRemoved | $1,795 |
Feb 26, 2026 Source: CLAW #26657279 | Listed For Sale | $2,475,000 |
Feb 26, 2026 Source: CLAW #25628703 | ListingRemoved | $2,475,000 |
Feb 1, 2026 Source: Zillow Rentals | Listed For Rent | $1,795 |
Jan 31, 2026 Source: Zillow Rentals | ListingRemoved | $1,795 |
Jan 29, 2026 Source: Zillow Rentals | Listed For Rent | $1,795 |
Jan 28, 2026 Source: Zillow Rentals | ListingRemoved | $1,800 |
Jan 26, 2026 Source: CLAW #25628703 | PriceChange | $2,475,000 Price increased by 137,400% |
Jan 22, 2026 Source: Zillow Rentals | Listed For Rent | $1,800 |
Jan 21, 2026 Source: Zillow Rentals | ListingRemoved | $1,800 |
Jan 8, 2026 Source: Zillow Rentals | Listed For Rent | $1,800 |
Dec 15, 2025 Source: CLAW #25628703 | Listed For Sale | $2,595,000 |
Dec 9, 2024 Source: N/A | Sold | $1,100,000 |
Nov 1, 1995 Source: N/A | Sold | $130,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,555,380 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Armin Soleimani, Global Platinum Properties, Inc., (424) 394-1030
Agent Phone: (310) 666-2246

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-21 09:45:21 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 1036 Cherry Ave
- What is the estimated monthly payment for 1036 Cherry Ave?Based on a $2,195,000 list price with 20% down at today's rates, the estimated monthly payment for 1036 Cherry Ave in Long Beach, CA is approximately $14,067 (about $11,834 principal & interest, $2,158 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1036 Cherry Ave compare to homes in Long Beach?1036 Cherry Ave in Long Beach, CA is listed at $2,195,000, about 168% above the $820K median sale price in Long Beach.
- What do residents say about the East Side neighborhood?Residents describe the East Side neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in East Side, Long Beach.
- What are the closest schools to 1036 Cherry Ave?The closest schools to 1036 Cherry Ave in Long Beach, CA are Jefferson Leadership Academies School (Middle, rated 7/10), Willard Elementary School (rated 3/10), Wilson High School (rated 6/10).
- Does 1036 Cherry Ave have air conditioning?Yes, 1036 Cherry Ave in Long Beach, CA has air conditioning.

