Cherry Avenue Apartments

Long Beach is part of the Los Angeles metropolitan area. As of the 2022 United States Census, the city had a population of 451,307 making it the 7th most populous city in California. It is the second largest city in the Los Angeles Metropolitan area, and the third in Southern California. Incorporated in 1897, Long Beach lies in the southeastern corner of Los Angeles County and borders Orange County. The Port of Long Beach is the second busiest container port in the United States and is among the world’s largest shipping ports. The port supports more than 30,000 jobs in Long Beach, 316,000 jobs throughout Southern California and 1.4 million jobs throughout the United States. The city is known for its waterfront attractions, including the permanently docked RMS Queen Mary and the Aquarium of the Pacific. Long Beach also hosts the Grand Prix of Long Beach, and is home to California State University, Long Beach.KIG presents Cherry Avenue Apartments, a four-unit multifamily investment opportunity located at 1605 Cherry Avenue in Long Beach, California. The single-story property offers a diverse mix of two- and three-bedroom residences, including two units with two bathrooms, 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 a small multifamily property combining courtyard living, a varied unit mix, garage parking, and convenient access to local amenities.