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1605 Cherry Ave, Long Beach, CA 90813

$1,373,000
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    bed

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    bath

Multi-family for sale 10 hours
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About 1605 Cherry Ave

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Lot size 7,292 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
KIG presents Cherry Avenue Apartments, a four-unit multifamily investment opportunity located at 1605 Cherry Avenue in Long Beach, California. 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 a small multifamily property combining courtyard living, a varied unit mix, garage parking, and convenient access to local amenities. **DO NOT DISTURB TENANTS**
Listed by
Listing Agent - Jason Kirklen
Listing Agent Contact: 949-942-1302
Listing Office - Kirklen Investment Group
Source: CRMLS mls logo
MLS#OC26221690 • last updated 16 hours ago
Movoto checked CRMLS for data 10 minutes ago
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Overview
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1674
Lot Size (SqFt) 7292
Year Built 1949
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 3456
# Parking Spaces 2
# Garage Spaces 2
Lot Description 6-10 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Gutters, Curbs, Street Lights, Storm Drains, Sidewalks
Directions Cherry Avenue And PCH
APN 7261008018
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 3024
Expense: Trash 1916
Operating Expense 39148
Cap Rate 4.27
Expense: Insurance 4433
Total Expenses 39148
Expense: Water/ Sewer 2102
Gross Income 100800
Gross Operating Income 97776
Expense: Electric 707
Gross Multiplier 13.62
Gross Scheduled Income 100800
Expense: Fuel 1056
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4/10
Whittier Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
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  • 1605 Cherry Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/10/2026. 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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