Long Beach, CA 90802 285 295 Cerritos Avenue

285 295 Cerritos Avenue Long Beach, CA - Image 1285 295 Cerritos Avenue Long Beach, CA - Image 2285 295 Cerritos Avenue Long Beach, CA - Image 3
21 more
285 295 Cerritos Avenue Long Beach, CA - Image 4285 295 Cerritos Avenue Long Beach, CA - Image 5285 295 Cerritos Avenue Long Beach, CA - Image 6285 295 Cerritos Avenue Long Beach, CA - Image 7285 295 Cerritos Avenue Long Beach, CA - Image 8285 295 Cerritos Avenue Long Beach, CA - Image 9285 295 Cerritos Avenue Long Beach, CA - Image 10285 295 Cerritos Avenue Long Beach, CA - Image 11285 295 Cerritos Avenue Long Beach, CA - Image 12285 295 Cerritos Avenue Long Beach, CA - Image 13285 295 Cerritos Avenue Long Beach, CA - Image 14285 295 Cerritos Avenue Long Beach, CA - Image 15285 295 Cerritos Avenue Long Beach, CA - Image 16285 295 Cerritos Avenue Long Beach, CA - Image 17285 295 Cerritos Avenue Long Beach, CA - Image 18285 295 Cerritos Avenue Long Beach, CA - Image 19285 295 Cerritos Avenue Long Beach, CA - Image 20285 295 Cerritos Avenue Long Beach, CA - Image 21285 295 Cerritos Avenue Long Beach, CA - Image 22285 295 Cerritos Avenue Long Beach, CA - Image 23285 295 Cerritos Avenue Long Beach, CA - Image 24285 295 Cerritos Avenue Long Beach, CA - Image 25
  • MLS# PW21202745
  • 09/18/2021
  • Request Tour
  • Request Info
Presented By: Robert Stepp with Keller Williams - Santa Monica - 310-463-2916
  • Beds • 4
  • Baths • 7
  • SQFT • 5,548
  • Year Built • 1921

Home Details

285-295 Cerritos Avenue is a 7-unit investment asset well-located in the highly desirable Alamitos Beach neighborhood of Long Beach, just a short walk to the beach and Bluff Park, and in close proximity to East Village Arts District and 4th Street/Retro Row. The property is comprised of sizable units with a favorable mix of (4) 1 BD+1BA+Den; (1) Studio+Den and (2) Studios. This 1920's property features vintage hardwood floors with period built-ins and detailing. Onsite laundry and garages provide additional income. Off-street surface parking is available for up to six cars. The property is in close proximity to the hip boutiques, restaurants and bars along Fourth Street/Retro Row and along the Broadway Corridor. The neighborhood is also adjacent to East Village Arts District, Downtown Long Beach and a myriad of employment opportunities. According to Niche.com, Alamitos Beach ranks as the number three of 47 Best Neighborhoods for Young Professionals. Rents in this submarket are 19% higher than other Long Beach submarkets, on average and vacancy rates are historically low. 285-295 Cerritos Avenue has 23% upside potential in income and six of the seven units are on month-to-month terms.
Presented By: Robert Stepp with Keller Williams - Santa Monica - 310-463-2916

Interior Features for 285 295 Cerritos Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area

General for 285 295 Cerritos Avenue

Additional Parcels Y/NNo
Co-Listing AgentMark Witsken - BRE#01884724
Co-Listing Agent State License #01884724
Community FeaturesUrban
Garage Spaces0
Garage Y/NNo
Land Lease Y/NNo
LevelsTwo
Listing AgentRobert Stepp - BRE#01456379
Listing Agent State License01456379
Lot Size Square Feet8544
MLS Area4 - Downtown Area, Alamitos Beach
Open Parking Spaces6
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusActive
Stories2
Subdivision NameAlamitos Beach (AB)
TermsCash, Cash to New Loan, 1031 Exchange
Total Units7
Water Sewer Expense900
ZoningLBR3S

Exterior for 285 295 Cerritos Avenue

Lot Features6-10 Units/Acre
Lot Size Acres0.2
Lot Size Area8544
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings2
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Parking FeaturesAsphalt, Driveway
Total Parking6
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,845,000
MLS#PW21202745
List Date 09/18/2021
Property Type Income
Phone 310.658.1749
Request Tour
Request Info
Visit My Website

Similar Properties to 285 295 Cerritos Avenue