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Two-parcel offering of 26 units in Long Beach: 905 and 915 Cherry Avenue, mirrored 13-unit 1922 buildings sold together as one package. Each building sits on its own parcel below the 16-unit resident-manager threshold, so no manager’s unit or payroll. Unit mix is (24) one-bedrooms and (2) two-bedrooms with (12) on-site garages and on-site laundry. 17 of 26 units have been renovated, including four full 2026 renovations with white shaker cabinetry, quartz counters and stainless appliances. Upgraded electrical throughout both buildings (Buyer to verify); sections of the copper water lines and sewer lines upgraded; SB 721 inspection complete. Listed at a 6.10% cap and 10.38 GRM on current total gross income, with roughly 13% upside as units turn to the $1,845 / $2,445 rents achieved on five 2026 leases. Assumable $3.1M loan at 5.97% interest-only. Seller has conceptual plans for (6) ADUs — (3) per building — converting the rear garage banks and taking the property to 32 units (Buyer to verify). Subject to AB 1482 only; no local rent control. Walking distance to Retro Row and Rose Park, minutes to Downtown and the Space Beach employment corridor.

Highlights

  • Residential Income
  • Apartment
  • Built in 1922
  • 0.4475 Acre Lot
  • $0/ HOA
  • 12 Car Garage
  • 1 day on Market

  • Year Built
    1922
  • Stories
    2.0
  • Construction Materials
    Frame, Stucco
  • Garage Spaces
    12.0
  • Parking Features
    Paved, Garage, Assigned, On Site, Uncovered
  • Pool Features
    None
  • Cooling
    None
  • Heating
    Wall Furnace

  • Acres
    0.4475
  • Lot Features
    Level, Rectangular Lot, Landscaped, Front Yard, Lawn, Street Level, Thirty Six To Forty Units Acre
  • Utilities
    Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Public

  • Area
    3 - Eastside, Circle Area
  • County
    Los Angeles
  • City
    Long Beach
  • Neighborhood
    Rose Park South
  • Zip Code
    90813

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Frequently Asked Questions

How do I schedule a tour of 905 Cherry?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 905 Cherry.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 905 Cherry?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $5,850,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Long Beach, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 905 Cherry?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 905 Cherry at around $31,719. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 905 Cherry?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 905 Cherry?

In most cases, yes. Whether 905 Cherry is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Long Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 905 Cherry?

We can handle that for you. Our preferred local agent specializes in residential incomes in Long Beach and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $5,850,000 with 15,328 sqft of space—that comes out to approximately $382 per square foot.

How long has this property been on the market?

905 Cherry was listed on November 05, 2026, which means it's been on the market for 1 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1922, making it approximately 104 years old.

What is the lot size of this property?

905 Cherry sits on a 0.45-acre lot, which is 19,602 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 905 Cherry still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 08:25PM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 08:25PM | Source: California Regional Multiple Listing Service | MLS#: RS26238078