$1,180,000 - 903 Cerritos Avenue # Abcd, Long Beach
- 8Beds
- 4Baths
- 0SQ. Feet
- 0.13Acres
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.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:WS23138554
- Price:$1,180,000
- Bedrooms:8
- Bathrooms:4.00
- Acres:0.13
- Year Built:1949
- Type:Residential Income
- Sub-Type:Quadruplex
- Status:Closed
- Listing Agent:Rhea Bai
- Listing Office:RE/MAX PREMIER/ARCADIA
Community Information
- Address:903 Cerritos Avenue # Abcd
- Area:4 - Downtown Area, Alamitos Beach
- Subdivision:Alamitos Beach (AB)
- City:Long Beach
- County:Los Angeles
- Zip Code:90813
Amenities
- Utilities:Sewer Connected
- Parking Spaces:4
- Parking:Assigned
- # of Garages:4
- Garages:Assigned
- View:City Lights
- Pool:None
Interior
- Interior Features:All Bedrooms Down
- Heating:Wall Furnace
- Cooling:None
- Fireplace:Yes
- Fireplaces:None
- # of Stories:1
- Stories:One
Exterior
- Lot Description:0-1 Unit/Acre
Additional Information
- Date Listed:July 31st, 2023
- Days on Market:15
- Zoning:LBR2N
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Back to ResultsAlamitos Beach (ab)
- City:
- Long Beach
- Price Range:
- $625,000 - $4,400,000
- Current Listings:
- 17
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Poly High (ph)
- City:
- Long Beach
- Price Range:
- $625,000 - $1,299,000
- Current Listings:
- 14
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
- City:
- Long Beach
- Price Range:
- $415,000 - $11,495,000
- Current Listings:
- 67
- HOA Dues:
- $0
- Average Price per Square Foot:
- $385
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 1:45pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.