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Listed by: Tyler Leeson (949) 419-3326 DRE #01451551 | Marcus & Millichap RE Invest (949) 419-3200
$3,000,000
3 Beds
- 3 Baths
9,250sqft
5503 5511 Cherry Ave, Long Beach, CA 90805
$3,000,000
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Apartment
Built in 1960
$-- HOA
0.28 acre lot
$324/sq.ft
Description
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 i...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
9,250 sqft
Lot Size
0.28 acre lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26176306
MLS Status
Active
Days on Market
12
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