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Residential Income - 1605 Cherry Avenue, Long Beach, CA

$1,373,000

1605 Cherry Avenue, Long Beach, CA

MLS# OC26221690

1605 Cherry Avenue, Long Beach, CA 90813 - $1,373,000 · Multi-Family Home for Sale, photo 1 1605 Cherry Avenue, Long Beach, CA 90813 - $1,373,000 · Multi-Family Home for Sale, photo 2 1605 Cherry Avenue, Long Beach, CA 90813 - $1,373,000 · Multi-Family Home for Sale, photo 3 1605 Cherry Avenue, Long Beach, CA 90813 - $1,373,000 · Multi-Family Home for Sale, photo 4 1605 Cherry Avenue, Long Beach, CA 90813 - $1,373,000 · Multi-Family Home for Sale, photo 5
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Description

We proudly present Cherry Avenue Apartments, a four-unit multifamily investment opportunity located at 1605 Cherry Avenue in Long Beach, California. The property generates $100,800 in annual gross scheduled rental income ($8,400 monthly), with approximately 13% potential rental upside based on estimated market rents. Built in 1949, the single-story property offers a mix of two- and three-bedroom residences, complemented by two garage parking spaces. Individual exterior entrances open onto a shared landscaped courtyard featuring mature greenery and gated pedestrian access. The single-story layout provides residents with no upstairs neighbors, contributing to the property's inviting residential setting. Situated along Cherry Avenue near Pacific Coast Highway, the property offers convenient access to neighborhood shopping, dining, and public transportation. Its location connects residents to destinations throughout Long Beach, while separate utility metering supports direct tenant billing for individually metered services and helps limit owner-paid utility expenses. Cherry Avenue Apartments offers investors an income-producing multifamily property combining strong in-place rental income, potential rental upside, courtyard living, and a desirable unit mix. ** DO NOT DISTURB TENANTS **

Property details

Year built
1949
Property type
Residential Income
Lot size
7,292 sqft

Location

1605 Cherry Avenue • Long Beach, CA 90813

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Listing Agent

Jason Kirklen

DRE #: 01939655

Brokerage: Kirklen Investment Group

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Sale history for 1605 Cherry Avenue

CRMLS

MLS# OC26221690

Listed: 10/12/2026 8:10 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/15/2026 2:37 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Kirklen Investment Group

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715