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6115 Cherry Ave
Long Beach, CA 90805
Value-Add 6 Unit · Multifamily Property For Sale
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6 Units
Investment Highlights
- 38% POTENTIAL UPSIDE IN RENTS
- Roof Was Replaced In 2019
- Additional Income Potential From Parking And Utilization Of Laundry Room
- New Exterior Paint In 2022
- Six (6) Uncovered Parking Spaces
- Separately Metered For Gas & Electric
Property Facts
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 3,272 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Zoning | LBCCA | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,272 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | LBCCA |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 7118-013-016 | Improvements Assessment | $863,532 |
| Land Assessment | $416,160 | Total Assessment | $1,279,692 |
Property Taxes
Parcel Number
7118-013-016
Land Assessment
$416,160
Improvements Assessment
$863,532
Total Assessment
$1,279,692
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