Property Details
About this Property
A concise 4-unit, one-story home is available for sale in this residential neighborhood of Long Beach. All units feature 2 bedrooms and 1 bathroom with a decent floor plan and well-proportioned layout. The property is conveniently located close to prime areas and is within reasonable distance of the beach, with easy access to freeways. It is situated in a high-demand rental area and is currently fully occupied, requiring low maintenance, which means you will yield a higher return on your investment. The listed rents are the actual rents being collected. Additionally, there are four parking spaces at the back of the property. Some of the units have been updated with certain items. The property generates stable income with upside potential in this growing area, offering endless potential for the buyer. Three tenants are on month-to-month leases and one tenant's lease will be expired soon. The location is just minutes away from supermarkets, restaurants, parks, shopping areas, and bus stations. The seller is motivated, and the offer is subject to inspection.
MLS Listing Information
MLS #
CRWS23138554
MLS Source
California Regional MLS
Interior Features
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
903 Cerritos Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 5,599 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,889 and was built in 1949. This address can also be written as 903 Cerritos Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of September 21, 2023. For the most current information, please contact RHEA BAI, (626) 229-2200
