17-Unit Apartment
For Sale
$2,850,000
5503 5511 Cherry Avenue Long, Long Beach, CA 90805
Two-story garden-style property with gated access, on-site laundry, and a central courtyard.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market82
Property Features for 5503 5511 Cherry Avenue Long
General Information
Standard status
Active
Net Rentable
9,250 SF
Total Parking Spaces
13
Lot size
0.28 Acres
Property subtype
Apartment
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
gardenstyle
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson · License #01451551
(949) 419-3326
Source:
Kw
Added: Aug 13
Changed: Nov 1
Last Checked: Nov 1 at 10:22AM
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
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Investment Insights
Based on property information with market context.
This 17-unit apartment property in Long Beach, California, was built in 1960 and contains approximately 9,250 net rentable square feet on a 0.28-acre parcel. The two-story garden-style layout places residences around a central courtyard, with exterior walk-up entry serving the upper level. The unit mix includes 1 studio, 15 one-bedroom/one-bath units, and 1 two-bedroom/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 and removal of the former swimming pool, followed by installation of a concrete surface. The asset is located at 5503–5511 Cherry Avenue 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 and removal of the former swimming pool, followed by installation of a concrete surface. The asset is located at 5503–5511 Cherry Avenue in Long Beach, California.
Key Highlights
- 17‑unit apartment property with approximately 9,250 net rentable square feet
- Unit mix includes 1 studio, 15 one‑bedroom/one‑bath units, and 1 two‑bedroom/one‑bath unit
- Built in 1960 on a 0.28‑acre parcel
Property Analytics
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Lease Details
17
Residential units
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
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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
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Market
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story garden-style property with gated access, on-site laundry, and a central courtyard.
Where is this apartment building located?
The property is located at 5503 5511 Cherry Avenue Long 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 approximately 9,250 net rentable square feet; Unit mix includes 1 studio, 15 one‑bedroom/one‑bath units, and 1 two‑bedroom/one‑bath unit; Built in 1960 on a 0.28‑acre parcel
