Skip To Content

260 Cerritos Avenue

Long Beach, CA 90802
  • $1,275,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: PW24219674
UPDATED: 60 min ago
$1,275,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Spencer Pabst of Pabst, Kinney & Associates (562-987-3244)


Description

Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T21:30:48.523. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/157075633
Print Image

260 Cerritos Avenue Long Beach, CA 90802

  • Price: $1,275,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 60 min ago
  • ID#: PW24219674
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1923
Built
Neighborhood:
Alamitos Beach (Ab)
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Contingency Agent and its affiliates do NOT guarantee square footagelot size and other information concerning the condition or features of the property provided by the Seller or obtained from public records or other sourcesand buyer is advised to verify the accuracy of all information through personal inspection with appropriate professionals Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 6875 Gross Scheduled Income 82500 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 82500 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6875 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LBR3S



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T21:30:48.523. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373526773-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373526773-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_373526773-2.jpg
Logo
eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Spencer Pabst of Pabst, Kinney & Associates (562-987-3244)