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905-915 Cherry Ave, Long Beach
Long Beach, CA 90813
Cherry Avenue Collection · Multifamily Property For Sale
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36 Units
Investment Highlights
- Rare opportunity to acquire 4 contiguous parcels, featuring 36 total multifamily units in a desirable Long Beach location.
- Adjacent to Northgate Market anchored shopping center, providing tenants with easy access to everyday needs.
- The garage areas at 905 and 915 Cherry are set up ideally for conversion to accessory dwelling units (ADUs) potentially allowing for 8 new units.
- Less than half-a-mile south of Retro Row, a unique showcase of vintage and kitschy shops, as well as bars and restaurants.
Property Facts
| No. Units | 36 | Lot Size | 0.45 AC |
| Property Type | Multifamily | Building Size | 15,328 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1922 |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Zoning | LBR2N | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 15,328 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | LBR2N |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Range
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Recycling
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 368 |
| 1+1 | 32 | - | 525 - 718 |
| 2+1 | 3 | - | 775 - 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $794,322 | |
| Land Assessment | $1,870,512 | Total Assessment | $2,664,834 |
Property Taxes
Parcel Numbers
Land Assessment
$1,870,512
Improvements Assessment
$794,322
Total Assessment
$2,664,834
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