Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW24076719
MLS Source
California Regional MLS
Days on Site
250
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 9 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
728 Cerritos Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 12,614 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,300,000 and was built in 1924. This address can also be written as 728 Cerritos Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Kevin King
