17-Unit Courtyard Apartment
For Sale
$3,000,000
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 Market45
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
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
(951) 226-5454
Source:
Mysandiegoareahomesearch
Added: Jul 23
Changed: Sep 2
Last Checked: Sep 5 at 8:45AM
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
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
Current Use
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
Questions? Ask Rey
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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 $3,000,000.
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
