758 Cerritos Avenue

Long Beach, CA 90813
$1,799,000
Investment Opportunity; 7-Unit Property Near Downtown Long Beach. This 7-unit property is an excellent option for investors looking to maximize rental income. Located near downtown Long Beach, it is surrounded by numerous apartment buildings, ensuring a steady demand for housing in the area. The property includes fourRead MoreRead Less
Property listed by REMAX Proper, Visakha Sir 562-310-3742
Listing Snapshot
Days Online
10
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1959
MLS Number
PW24247969
30 Days Snapshot Of 90813
$540k
-10%
(avg) sold price
1
-85%
home sold
54
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1959, Building area total: 4,116, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Community
Curbs
Expenses
Insurance expense: $3,800, Operating expense: $7,000, Trash expense: $1,200, Water sewer expense: $2,760
Garage
4 spaces
Income
Gross income: $34,929, Net operating income: $27,920
Laundry
None
Lot
0.1453 acres, 6,328 square feet, Size: 6,328, ZeroToOneUnitAcre
Parking
4 totals parking
Pool
None
Property
Zoning: LBR2N
Sewer
PublicSewer
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Holden Groff
Associate Agent
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.