Long Beach, CA 90813,728 Cerritos Avenue
Long Beach, CA 90813,728 Cerritos Avenue
Long Beach, CA 90813,728 Cerritos Avenue
15
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$3,300,000
Est. payment /mo
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11,750 SqFt
Pending

728 Cerritos Avenue Long Beach, CA 90813

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

03/10/2025 04:38 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 11,750 sqft

Price per Sqft $280

MLS Listing ID CRPW24076719

HOA Y/N No

Year Built 1924

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Other

Property Description

We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 9 garages which generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Fireplace No

Laundry No Hookups

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7266003017


Bridge MLS
Listed by Kevin King • Marcus & Millichap

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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728 Cerritos Avenue