Cherry Avenue Apartments

Investment Overview

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 one-, 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.

Investment Highlights

• Single-Story Construction
• Diverse Unit Mix of 1-, 2-, and 3-bedroom floorplans
• Separately Metered for Gas & Electric
• Convenient Long Beach Location