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728-734 Cerritos Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
19 Units
Investment Highlights
- Great Rental Market – On Corner of 7th Street and Cherry Avenue
- 6 Studios, 11 One Bedroom, 2 Two Bedroom Units, 1 Non-Conforming Unit
- Separately Metered for Gas and Electricity
- Value-Add Opportunity
- 9 Garages
- Excellent Financing Available Through Our Marcus & Millichap Capital Corporation
Property Facts
| No. Units | 19 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 11,750 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1924/1950 |
| Building Class | C | Parking Ratio | 0.47/1,000 SF |
| Zoning | LBR2N LBR2N LBR2N - Two-Family Dwellings | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 11,750 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1924/1950 |
| Parking Ratio | 0.47/1,000 SF |
| Zoning | LBR2N LBR2N LBR2N - Two-Family Dwellings |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Satellite TV
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 11 | - | - |
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,115,114 | |
| Land Assessment | $975,722 | Total Assessment | $2,090,836 |
Property Taxes
Parcel Numbers
Land Assessment
$975,722
Improvements Assessment
$1,115,114
Total Assessment
$2,090,836
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