5959 Cherry Avenue Long Beach, CA ^$ 799,000

5959 Cherry Avenue

^$ 799,000

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5959 Cherry Avenue

Long Beach, CA, 90805

^$ 799,000

Studio Baths1.0 Sq 2,463

Monthly Estimate*

^$ 4,985

Listed by Elliot Lewis, Broker

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Studio

Multi-Family Home for sale in Long Beach, CA

for $799,000 with 1 full bath. This 2,463 square foot home was built in 1962 on a lot size of 0.1085.

Great opportunity to own a mixed use property. Both residential units are occupied and not on leases. Commercial unit is vacant. Formally built out as dispensary. Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.

Multi-Family Active

Price

^$ 799,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1085

Year Built

1962

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW25006065

Days on Market

350

Features

General

Sewer Unknown

Zoning LBCCA

Garage Spaces 2

Pool Features None

Year Built 1962

Stories Count 1

Levels One

Property Subtype Mixed Use

Gross Income 0

Community Features Urban

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions Cherry Ave & 60th St

City Long Beach

Entry Location front

Senior Community Y/N 0

Number Of Units Total 3

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 4727

Number of Units Leased 2

Listing Terms Cash to New Loan

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Appraiser

Tax Lot 11

Total Actual Rent 2000

Property Sub Type Additional Mixed Use

Interior

Total Stories 1

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 2

Lot Size Area 4727

Number of Buildings 2

Building Area Total 2463

Lot Size Acres 0.1085

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 0

Number of Separate Electric Meters 3

* Excluded Features

List By

Elliot Lewis, Broker

Broker

timrlewis@gmail.com

Affordability Calculator

$4,985

Per Month

Monthly Principal & Interest: $4,985
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,856,477

Percent of Sale Price 132%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$799,000		Listed Price

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5959 Cherry Avenue, Long Beach, CA, 90805 is a Multi-Family Home for sale at $799,000 with 2,463 sqft and a lot size of 0.1085. 5959 Cherry Avenue is a studio with 1.0 baths and was built in 1962. The property's zip code is 90805 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5959 Cherry Avenue

Multi-Family Home for sale in Long Beach, CA

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