3581 Cherry

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

3581 Cherry

Long Beach, CA 90807
Asking Price
$950K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Long Beach
  • Asset features a two-unit configuration for investment
  • Priced at 950000 dollars for prospective buyers
  • Property situated in the 90807 zip code area
  • Well-suited for residential investors or potential owner-occupants

What's Special

This multifamily apartment building at 3581 Cherry is currently for sale, representing a functional addition for investors seeking to grow a residential portfolio in Long Beach. The property consists of two units, providing a manageable entry point or a stable expansion within this well-established coastal California market. Located in the 90807 area, the site benefits from proximity to the diverse economic base and logistical connectivity of the greater Long Beach region. This asset type is suitable for those focused on long-term rental income and capital appreciation in a dense, high-demand metropolitan environment. With its distinct two-unit configuration, the property provides straightforward operational requirements for owner-occupants or passive income investors aiming to capitalize on local housing demand. Proximity to major transit corridors and local amenities makes this a practical location for residents, supporting consistent occupancy potential for the new owner. Investors will find that this building serves as a core component for a sustainable residential investment strategy within the Southern California landscape.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

Location & Travel Times