Log In/Sign Up
768 Cerritos Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Located in an Opportunity Zone
- Potential for Day 1 Rental Increases per AB-1482
- Community Features - Copper Water Lines, On-Site Secured Laundry Room with (1) 50-Gallon Water Heater, Electric Water Heaters in Each Unit, ADU-Garage
- Upside Potential - Opportunity to Increase NOI +/- 70% with Capital Improvements
- Unit Mix - (4) 1B/ 1B, (3) 2B/1B & (1) 3B/2B
- ADU-Garage Conversion Potential
Property Facts
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,346 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | R2N | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,346 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R2N |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Instant Hot Water
- Patio
Site Amenities
- Laundry Facilities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,143 | 650 |
| 2+1 | 3 | $1,425 | 900 |
| 3+1 | 1 | $1,550 | 1,046 |
Property Taxes
| Parcel Number | 7266-003-012 | Improvements Assessment | $749,088 |
| Land Assessment | $1,383,732 | Total Assessment | $2,132,820 |
Property Taxes
Parcel Number
7266-003-012
Land Assessment
$1,383,732
Improvements Assessment
$749,088
Total Assessment
$2,132,820
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
