Long Beach, CA 90802 260 Cerritos Avenue

260 Cerritos Avenue Long Beach, Ca - Image 1260 Cerritos Avenue Long Beach, Ca - Image 2260 Cerritos Avenue Long Beach, Ca - Image 3
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Presented By: Spencer Pabst with Pabst, Kinney & Associates; 562-884-6875
  • MLS# PW24219674
  • 10/23/2024
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  • BedBeds • 1
  • BathBaths • 1
  • FootageSQFT • 3,320

Home Details

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!
Presented By: Spencer Pabst with Pabst, Kinney & Associates; 562-884-6875

Interior Features for 260 Cerritos Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 260 Cerritos Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
ContingencyAgent and its affiliates do NOT guarantee square footage, lot size and other information concerning the condition or features of the property provided by the Seller or obtained from public records or
CountyLos Angeles
DirectionsBetween Appleton Street and 3rd Street on Cerritos Ave.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income6875.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet2398.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income82500.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameAlamitos Beach (AB)
Tax Lot18
Total Actual Rent6875.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLBR3S

Exterior for 260 Cerritos Avenue

Building Area Total3320.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.0551
Lot Size Area2398.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,275,000
MLS#PW24219674
List Date 10/23/2024
Property Type Multi-Family
Phone 714.964.3311
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