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6530 Cherry Ave
Long Beach, CA 90805
Cherry Avenue Apartments · Multifamily Property For Sale
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16 Units
Property Facts
| No. Units | 16 | Building Size | 15,722 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.76/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | CCA - Commercial | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 15,722 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.76/1,000 SF |
| Zoning | CCA - Commercial |
Amenities
Site Amenities
- Laundry Facilities
- Security System
About 6530 CHERRY AVE , LONG BEACH, CA 90805
The Cherry Avenue Apartments is comprised of sixteen units and twelve private garage spaces. The property offers investors a great opportunity to acquire a value-add asset with 25% rental upside. The building is located in the vibrant Cherry Manor neighborhood. The location boasts a few retail shopping, bars and coffee shops.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,025 | 901 - 962 |
| 2+2 | 10 | $1,300 | 901 - 962 |
| 3+2 | 4 | $1,375 | 1,075 |
Property Taxes
| Parcel Number | 7119-001-015 | Improvements Assessment | $4,161,600 |
| Land Assessment | $915,552 | Total Assessment | $5,077,152 |
Property Taxes
Parcel Number
7119-001-015
Land Assessment
$915,552
Improvements Assessment
$4,161,600
Total Assessment
$5,077,152
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