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6551 Cherry Ave
Long Beach, CA 90805
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • 22% Upside in Rents
  • All Tenants Up to Date on Rent
  • One Parking Space per Unit
  • Dual Pane Windows Throughout
  • Value Add Opportunity
  • ADU Potential

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.13 AC
Building Size 3,196 SF
No. Stories 2
Year Built 1949
Parking Ratio 1.56/1,000 SF
Zoning LBCCA

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 1 $1,775 -
2+2 1 $1,625 -
1+1 1 $1,413 -
1+1 1 $1,338 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7114-006-035
Land Assessment
$312,120
Improvements Assessment
$791,952
Total Assessment
$1,104,072
  • Listing ID: 25793543

  • Date on Market: 5/26/2022

  • Last Updated:

  • Address: 6551 Cherry Ave, Long Beach, CA 90805

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