17-Unit Courtyard Apartment
For Sale
$2,850,000
5503-5511 Cherry Ave, Long Beach, CA 90805
Two-story garden-style apartment property with gated entry, on-site laundry, and a central courtyard.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market92
Property Features for 5503-5511 Cherry Ave
General Information
Standard status
Active
Net Rentable
9,250 SF
Total Parking Spaces
13
Lot size
0.28 Acres
Property subtype
Multi-Family
Site & Location
Neighborhood
Lindbergh
Units
Unit Mix
1 x studio, 15 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
17
Amenities
gated access
security doors
on-site laundry
ceiling fans
central courtyard
Building Details
Year Built
1960
Stories
2
Construction
garden-style
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson tleeson@marcusmillichap.com
(559) 638-3651
Source:
Mysandiegoareahomesearch
Added: Aug 3
Changed: Nov 1
Last Checked: Nov 1 at 6:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap RE Invest
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story apartment property contains 17 units and approximately 9,250 net rentable square feet on a 0.28-acre parcel. The garden-style layout is organized around a central courtyard, while second-floor residences are accessed by exterior walkways. The unit mix includes 1 studio, 15 one-bed/one-bath units, and 1 two-bed/one-bath unit.
Property features include gated access, security doors, ceiling fans, on-site laundry, 12 surface parking spaces, and 1 garage space. Capital work completed in 2025 included an electrical system upgrade with panel replacements, along with removal of the former swimming pool and installation of a concrete surface. The property is located at 5503-5511 Cherry Ave in Long Beach, California.
Property features include gated access, security doors, ceiling fans, on-site laundry, 12 surface parking spaces, and 1 garage space. Capital work completed in 2025 included an electrical system upgrade with panel replacements, along with removal of the former swimming pool and installation of a concrete surface. The property is located at 5503-5511 Cherry Ave in Long Beach, California.
Key Highlights
- 17‑unit apartment property with 1 studio, 15 one‑bed/one‑bath units, and 1 two‑bed/one‑bath unit
- Approximately 9,250 net rentable square feet on a 0.28‑acre parcel
- Two‑story garden‑style layout centered on a central courtyard
Property Analytics
Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story garden-style apartment property with gated entry, on-site laundry, and a central courtyard.
Where is this apartment building located?
The property is located at 5503-5511 Cherry Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 17‑unit apartment property with 1 studio, 15 one‑bed/one‑bath units, and 1 two‑bed/one‑bath unit; Approximately 9,250 net rentable square feet on a 0.28‑acre parcel; Two‑story garden‑style layout centered on a central courtyard
