USACALong BeachOther5503 5511 Cherry Avenue
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New
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$3,000,000

For Sale

17 hours ago

5503 5511 Cherry Avenue, Long Beach, CA

Condo

MLS® OC26176306

0 Bed

0 Bath

--

13 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1960
MLS® Number OC26176306

Property Address: 5503 5511 Cherry Avenue, Long Beach, CA, 90805

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberOC26176306
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageYes
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 12, 2026List Date
$3,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
5503 5511 Cherry Avenue, Long Beach, CA

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