1946 Cherry Avenue Signal Hill, CA ^$ 1,499,999

1946 Cherry Avenue

^$ 1,499,999

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1946 Cherry Avenue

Signal Hill, CA, 90755

^$ 1,499,999

Bedrooms7 Baths4.0 Sq 3,200

Monthly Estimate*

^$ 10,478

Listed by Century 21 On Target

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Multi-Family Home for sale in Signal Hill, CA

for $1,499,999 with 7 bedrooms and 4 full baths. This 3,200 square foot home was built in 1936 on a lot size of 0.1492.

Price Reduced!!!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 it’s 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.

Multi-Family Pending

Price

^$ 1,499,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1492

Year Built

1936

Town/City

Signal Hill

County/Region

Los Angeles

MLS | Web ID

RS24027003

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling CentralAir

Possession CloseOfEscrow

Zoning SHCG*

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1936

View None

Stories 2

Levels Two

Property SubType Triplex

Gross Income 86964.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 66494.0

Operating Expense 20470.0

Insurance Expense 1725.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name other

Garage Y/N N

Special Listing Conditions Standard Trust

Status Pending

Directions Please use GPS

City Signal Hill

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 7.0

Total Units 3

MLS Area 8 - Signal Hill

Lot Size Square Feet 6501.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Number of Units Leased 3

Street Name Cherry

Listing Terms CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 2437.0

Water Sewer Expense 1766.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 53

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 90

Total Actual Rent 7247.0

Property Sub Type Additional Triplex

Exterior

Parking Features Assigned Uncovered

Lot Features Item01UnitAcre

Water Source Public

Total Parking 7.0

Lot Size Area 6501.0

Number of Buildings 3

Spa N

Building Area Total 3200.0

Lot Size Acres 0.1492

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Inside SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1946

* Excluded Features

List By

Century 21 On Target

Broker

(562) 430-2011

Phone

Affordability Calculator

$10,478

Per Month

Monthly Principal & Interest: $10,478
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Signal Hill, CA

Average List Price ^$1,132,000

Percent of Sale Price 25%

About Signal Hill, CA

12,330 Population

34% Since 2002

^$71,870 Median Income

38.3 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/23/2024	$1,499,999	-3.23%	Price Down
2/8/2024	$1,549,999		Listed Price

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1946 Cherry Avenue, Signal Hill, CA, 90755 is a Multi-Family Home for sale at $1,499,999 with 3,200 sqft and a lot size of 0.1492. 1946 Cherry Avenue has 7 bedrooms, 4.0 baths, and was built in 1936. The property's zip code is 90755 which is in Signal Hill, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/15/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1946 Cherry Avenue

Multi-Family Home for sale in Signal Hill, CA

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