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5503-5511 Cherry Avenue, Long Beach, CA 90805

Long Beach
Local realty services provided by:CENTURY 21 Affiliated
5503-5511 Cherry Avenue,Long Beach, CA 90805
$3,000,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tyler leeson
Office: marcus & millichap re invest
MLS#:OC26176306
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,000,000

About this home

5503 - 5511󠃍󠂏󠃢󠂁󠂠󠃢󠂁󠂠󠃢󠂁󠂢󠃢󠂁󠂢󠃳󠂠󠂀󠂠 Cherry Avenue is a 17-unit multifamily investment opportunity in Long Beach, California. Constructed in 1960, the two-story, gardenstyle property features approximately 9,250 net rentable square feet on a 0.28-acre parcel. The community is arranged around a spacious central courtyard, with exterior walk-up access to the second-floor units. The property features a unit mix of 1 studio, 15 one-bed/one-bath units, and 1 two-bed/one-bath unit. Community amenities include gated access, security doors, on-site laundry, ceiling fans, a central courtyard, 12 surface parking spaces, and 1 garage space. Ownership completed approximately $85,000 in capital improvements in 2025, including a $52,000 electrical system upgrade with panel replacements and the $33,000 removal of the former swimming pool and installation of a concrete surface. These improvements strengthened the propertys electrical infrastructure while eliminating the maintenance and...

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Home facts

  • Listing ID #:OC26176306
  • Added:54 day(s) ago
  • Updated:October 06, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$3,000,000
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