Listed by Mike Marcu, Mike Marcu, Broker, (949) 688-1224 . Bought with Mike Marcu, Broker
$1,757,400
- 22 Beds
- 16 Baths
- 11,391 sqft (on 0.25 acres)
6501 Cherry Ave, Long Beach, CA 90805
Est. Refi. Payment $10,810/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 13, 2023 for $3,400,000
Home Value
Trulia Estimate
$1.76MSince last month
Increased$180K (+11.1%)Since last year
Decreased$1M (-41.9%)Since last sale
Decreased$2M (-47%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +70% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.8M |
| August 2026 | $1.76M |
| July 2026 | $1.62M |
| June 2026 | $1.74M |
| May 2026 | $1.73M |
| April 2026 | $1.85M |
| March 2026 | $2M |
| February 2026 | $1.78M |
| January 2026 | $1.71M |
2025 | |
2024 | |
2023 | |
2022 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.01 | Multi-Family Home | $2,735,375 | 10/20/25 | 16 | 16 | 10,212 | |
1.03 | Multi-Family Home | $2,735,375 | 10/20/25 | 16 | 16 | 10,194 | |
1.01 | Multi-Family Home | $2,779,812 | 10/20/25 | 16 | 16 | 10,310 | |
1.00 | Multi-Family Home | $2,750,000 | 06/10/26 | 16 | 16 | 9,964 | |
1.03 | Multi-Family Home | $2,735,375 | 10/20/25 | 16 | 16 | 10,310 | |
0.92 | Multi-Family Home | $2,250,000 | 04/29/26 | 16 | 10 | 7,034 | |
1.06 | Multi-Family Home | $4,345,000 | 05/15/26 | 36 | 32 | 15,632 | |
1.07 | Multi-Family Home | $4,596,812 | 10/20/25 | 30 | 26 | 17,520 | |
0.53 | Multi-Family Home | $1,222,500 | 10/29/25 | 8 | 8 | 4,248 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $682,000 | 2 | 1 | 812 | Off Market | |
0.06 | $769,200 | 2 | 1 | 994 | Off Market | |
0.08 | $895,200 | 3 | 2 | 1,657 | Off Market | |
0.12 | $896,300 | 3 | 2 | 1,421 | Off Market | |
0.12 | $825,900 | 4 | 2 | 1,414 | Off Market | |
0.14 | $765,000 | 2 | 2 | 1,023 | Off Market | |
0.15 | $670,000 | 2 | 1 | 820 | Recently Sold | |
0.16 | $761,100 | 2 | 1.5 | 1,162 | Off Market | |
0.17 | $905,800 | 3 | 2 | 1,542 | Off Market | |
0.19 | $1,331,200 | 6 | 4 | 3,222 | Off Market | |
0.19 | $831,500 | 4 | 2 | 1,514 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1961
0.25 acre lot
11,391 sqft
$154/sqft
Garage
About this House
Offering a strong current capitalization rate of 5.18% at the asking price this property lines up well with todays interest rates. Featuring 10 one bedroom and 6 two bedroom apartment units, this 16 unit building in Long Beach is situated in the middle of a dynamic area. Recent favorable zoning changes, in the 90805 zip code, the city of Long Beach has set the stage for substantial developements over the next 5 to 10 years. Paving the way for strong local job growth. In addition, the property is within the shere of influence of the Ports of Long Beach and Los Angeles. The building is clean and offers rental upside.
6501 Cherry Ave, Long Beach, CA 90805 is a 22 bedroom, 16 bathroom, 11,391 sqft multi-family in North Long Beach, built in 1961. It last sold for $3,400,000 on Oct 13, 2023 (14% below the $3,975,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,757,400, with a rent estimate of $3,225/month.
Home Details for 6501 Cherry Ave
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Beds & Baths Number of Bedrooms: 22Number of Bathrooms: 16 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 5Number of Carport Spaces: 5Number of Covered Spaces: 10Has a CarportHas a GarageNo Attached GarageParking Spaces: 10Parking: Assigned |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Tap Paid |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 257 |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7114006051 |
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Price List Price: $3,975,000 |
Status Change & Dates Off Market Date: Wed Jul 26 2023 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: North Long Beach (Nlb) |
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Building Area Building Area: 11391 Square Feet |
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Community Features: UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.25 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan |
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Expense Tenant Pays: Electricity, Gas |
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No Rent Control |
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Mls Number: OC22239480Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7114006051-R-N |
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Urban |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 13, 2023 Source: CRMLS #OC22239480 | Sold | $3,400,000 |
Jul 26, 2023 Source: CRMLS #OC22239480 | Pending | $3,975,000 |
Jun 9, 2023 Source: CRMLS #OC22239480 | Listed For Sale | $3,975,000 |
Dec 13, 2018 Source: Agent Provided | ListingRemoved | $3,745,000 |
Oct 16, 2018 Source: Agent Provided | PriceChange | $3,745,000 Price decreased by 1% |
Aug 7, 2018 Source: Agent Provided | PriceChange | $3,795,000 Price decreased by 2% |
Jun 12, 2018 Source: Agent Provided | Listed For Sale | $3,860,000 |
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Around this home
What Locals Say about North Long Beach
At least 729 Trulia users voted on each feature.
91 % Say there are sidewalks
77 % Say car is needed
77 % Say it's dog friendly
71 % Say yards are well-kept
66 % Say there's holiday spirit
62 % Say streets are well-lit
58 % Say it's walkable to grocery stores
56 % Say kids play outside
53 % Say it's walkable to restaurants
49 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
43 % Say it's quiet
40 % Say people would walk alone at night
38 % Say there's wildlife
35 % Say parking is easy
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 07:16:45 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 07:16:45 PDT and /or other sources. 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
Frequently asked questions about 6501 Cherry Ave
- What is 6501 Cherry Ave estimated to be worth?Trulia's estimated value for 6501 Cherry Ave in Long Beach, CA is $1,757,400.
- What is the price history for 6501 Cherry Ave?6501 Cherry Ave in Long Beach, CA last sold for $3,400,000 in October 2023.
- Is Long Beach a buyer's or seller's market?Long Beach is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Long Beach?The median sale price in Long Beach is $818K. That is up $12.5K from the prior month.
- Does 6501 Cherry Ave have laundry facilities?Yes, 6501 Cherry Ave in Long Beach, CA has laundry facilities.