920 Cerritos Avenue

Long Beach, CA 90813

$1,200,000
Price
5
Beds
3
Baths
2,315 Sq. Ft.
$518 / Sq. Ft.
2,315
Sq. Ft.
$518
per Sq. Ft.

Description

Charming Three-Unit Building in Prime Long Beach Location Nestled just minutes from the beach and vibrant downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: 3-Bedroom, 1-Bathroom Unit : This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create...Charming Three-Unit Building in Prime Long Beach Location Nestled just minutes from the beach and vibrant downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: 3-Bedroom, 1-Bathroom Unit : This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. 2-Bedroom, 1-Bathroom Unit : A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. Owner’s Studio Unit : A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Potentially converting the garages into additional units. Enjoy the best of coastal living, with the beach, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers endless possibilities. Don't miss out on this incredible opportunity in one of Long Beach’s most desirable locations!
  1. Listed by Rebecca Valdez • DRE #02110772 • Brokerage DRE #02062865 • Lifetime Realty Inc • rebecca@lifetimerealtygroup.com

Property Details for 920 Cerritos Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2315
Assessor Parcel Number
7267-024-006
LISTING UPDATED: 12/04/2024 10:43 PM

Property Details for 920 Cerritos Avenue

StatusActive
MLS #PW24236509
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1913
Lot Size0.17 AC / 7,491 SF
CountyLos Angeles County

Building Information for 920 Cerritos Avenue

Stories2Residences-Year Built1913Building Size-Lot Size0.17 AC / 7,491 SF

Property Information for 920 Cerritos Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $5,950
  • Gross Scheduled Income: $5,950
  • Net Operating Income: $5,950
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract: 11933
  • Tax Tract Number: 5764
  • Tax Census Tract: 5764.01
  • CFD/Mello-Roos Fee: $593
  • Tax Lot: 4
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Microwave, Refrigerator
  • Equipment: Gas Dryer Hookup, In Carport, Microwave, Refrigerator, Washer Hookup
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Carport, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Main
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Near Public Transit
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Driveway, Garage - 2 Car
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage Faces Rear, Garage - Two Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,700
  • Unit Type Total Rent: $3,700
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 920 Cerritos Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 920 Cerritos Avenue

Taxable ValueLand$27,133Additions$161,464Total$188,597
Tax Record2024$2,856 ($238 / month)
Home Facts
Total Finished SqFt2,315 SqFtAbove Grade Finished SqFt2,315 SqFtStories1Lot Size7,491 SqFtStyleDuplexYear Built1913ZoningLBR2NCountyLOS ANGELESAPN7267-024-006

Schools near 920 Cerritos Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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920 Cerritos Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on November 8, 2024 by Lifetime Realty Inc, it's currently listed at $1,200,000. This listing's school district is Long Beach Unified School District. Nearby schools include Lincoln Elementary School, Franklin Classical Middle School and Polytechnic High School. 920 Cerritos Avenue is a 5-bed, 3-bath, 2,315 sqft multi-family home built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lifetime Realty Inc, Rebecca Valdez, DRE #02110772

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.