728 Cerritos Avenue

Long Beach, CA 90813

  • 0 Bed(s)
  • 0 Bath(s)
  • 11,750 Sqft
  • 12614
    Sqft(Lot)
$3,300,000

Description

We are pleased to present a 19+1 unit apartment building located at 728 cerritos avenue in long beach, california. this is a value-add opportunity in a great location. the subject property is close to 4th street retro row, downtown long beach and 2nd street in belmont shore where there are restaurants, shops, bars, grocery stores and entertainment venues. the subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. one property was built in 1924 and the other was built in 1952. the properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. the subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. there are a total of 9 garages which generate income as well. owners enjoy the high demand for rentals in a coastal city of southern california. tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    45866142

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1924
    • Building Area Total: 11,750

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2896
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12614

  • Listing Price Information

    • Original List Price: 3,300,000
    • Listing Contract Date: 2024-04-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7266003017

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Closed
    • Source Neighborhood: 4 - Downtown Area, Alamitos Beach
    • Directions: Cerritos Ave & 7th St
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 4 - Downtown Area, Alamitos Beach
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 101
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/09/2025 @ 03:42

  • MLS: PW24076719
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 11,750 sqft, 12,614 sized lot, and 9 parking. are nearby neighborhoods.