714-745-2708

1605 Cherry Avenue, Long Beach, CA 90813

$1,373,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jason Kirklen | jason@kig-usa.com
Lic#: 01939655
Broker: Courtesy of Kirklen Investment Group
Phone: 949-942-1300

Agent Remarks

We proudly present 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 **

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# OC26221690

Price: $1,373,000

Beds: 0

Baths: 0

Built in 1949

0.17 acres

Lot size: 0.1674

County: Los Angeles

Lot description: SixToTenUnitsAcre

MLS area: 699 - Not Defined

Last Updated: 10/15/2026

Days On Market (DOM): 21

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.787310, -118.167951.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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