CA > Long Beach
Long Beach, CA 90802,348 Cerritos Avenue
Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC.
Bought with Cody Charnell • Sage Real Estate
$2,185,000
Est. payment /mo
Est.Price: ?

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6,232 SqFt
SOLD DATE : 07/05/2024

Key Details

Sold Price $2,185,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,232 sqft

Price per Sqft $350

MLS Listing ID CRPW24063142

Year Built 1963

Lot Size 6,252 Sqft

Property Sub-Type Other

Property Description

Well kept 8 unit apartment building built in 1963 in great Downtown rental area. 7 two bedroom/one bath units and 1 two bath/two bath units. Over $49,000 recently spent to paint the exterior and install a new roof. Many long term tenants with lower than market rents. Current rents average $1,819 ($14,552 per month). Current Market rents average $2,481 per month or $19,948 per month. Market rents based on RentOmeter analysis.

Location

State CA

County Los Angeles

Interior

Cooling None

Laundry Laundry Room

Exterior

View None

Building

Water Public

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

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Bay East Association of Realtors

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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