5503 5511 Cherry AVE, Long Beach, CA 90805
5503 5511 Cherry AVE, Long Beach, CA 90805
5503 5511 Cherry AVE, Long Beach, CA 90805
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$2,850,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26176306

Year Built 1960

Source California Regional MLS

Property 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 in 2025, including a $52,000 electrical system upgrade with panel replacements and the $33,000 removal of the former swimming pool and installation of a concrete surface. These improvements strengthened the property's electrical infrastructure while eliminating the maintenance and operating requirements associated with the former pool. 5503 - 5511 Cherry Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a predominantly one-bedroom unit mix and recently completed capital improvements.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Laundry Community Facility

Exterior

Garage Spaces 13.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 7128031002

Special Listing Condition Not Applicable

Read Less Info
MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.
Nearby Locations

GET MORE INFORMATION

Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Sharad Gupta, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5503 5511 Cherry AVE

QUICK SEARCH
There are 23 quick searches