1605 Cherry Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1605 Cherry Avenue,Long Beach, CA 90813
$1,373,000
- - Beds
- - Baths
- 3,546 sq. ft.
- Multi-family
- Active
Listed by: jason kirklen
Office: kirklen investment group949-942-1300
MLS#:OC26221690
Source:CRMLS
Price summary
- Price:$1,373,000
- Price per sq. ft.:$387.2
About this home
KIG presents Cherry Avenue Apartments, a four-unit multifamily investment opportunity located at 1605 Cherry Avenue in Long Beach, California. The property generates $100,800 in annual gross scheduled rental income ($8,400 monthly), with approximately 13% potential rental upside based on estimated market rents. Built in 1949, the single-story property offers a mix of two- and three-bedroom residences, complemented by two garage parking spaces. Individual exterior entrances open onto a shared landscaped courtyard featuring mature greenery and gated pedestrian access. The single-story layout provides residents with no upstairs neighbors, contributing to the property's inviting residential setting. Situated along Cherry Avenue near Pacific Coast Highway, the property offers convenient access to neighborhood shopping, dining, and public transportation. Its location connects residents to destinations throughout Long Beach, while separate utility metering supports direct tenant billing for individually metered services and helps limit owner-paid utility expenses. Cherry Avenue Apartments offers investors an income-producing multifamily property combining strong in-place rental income, potential rental upside, courtyard living, and a desirable unit mix.
** DO NOT DISTURB TENANTS **...
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Home facts
- Year built:1949
- Listing ID #:OC26221690
- Added:1 day(s) ago
- Updated:October 14, 2026 at 04:31 AM
Rooms and interior
- Living area:3,546 sq. ft.
Structure and exterior
- Year built:1949
- Building area:3,546 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,373,000
- Price per sq. ft.:$387.2
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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