Seller's Agent in 2025
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
4 in this area
51 Total Sales
260 Cerritos Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
4
Beds
4
Baths
3,320
Sq Ft
2,398
Sq Ft Lot
About This Home
As of February 2025Large 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!
Last Agent to Sell the Property
Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 10/23/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 2,398 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,320 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 18 / 133
- Tax Tract Number 5765
- Assessor Parcel Number 7275004020
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Alamitos Beach Subdivision
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $6,875
- Net Operating Income $82,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Mar 4, 2025
Sold by
Hewitt Jack and Feinberg Mallory
Bought by
Hewitt Feinberg Family Trust and Hewitt
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Martin Feinberg
Martin Feinberg Real Estate
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090
Avg. Annual Appreciation
0.10%
Original Mortgage
$918,750
Outstanding Balance
$910,104
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$315,986
Purchase Details
Listed on
Oct 23, 2024
Closed on
Feb 5, 2025
Sold by
Mammothstream Exchange Company Llc
Bought by
Hewitt Jack and Feinberg Mallory
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Martin Feinberg
Martin Feinberg Real Estate
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$910,104
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$315,986
Purchase Details
Listed on
Oct 23, 2024
Closed on
Jan 14, 2025
Sold by
Pabst Family 2023 Ii Llc
Bought by
Mammothstream Exchange Company Llc
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Martin Feinberg
Martin Feinberg Real Estate
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$910,104
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$315,986
Purchase Details
Closed on
Dec 19, 2023
Sold by
Pabst Kristie M
Bought by
Pabst Family 2023 Ii Llc
Purchase Details
Closed on
Nov 18, 2016
Sold by
Pabst Kristie M
Bought by
Pabst Kristie M and The Pabst Family Trust
Purchase Details
Closed on
Jul 7, 2001
Sold by
Pabst George H and Pabst Kristie Kinney
Bought by
Pabst George H
Purchase Details
Closed on
Apr 4, 2001
Sold by
Bank One Financial Services Inc
Bought by
Pabst George H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.89%
Purchase Details
Closed on
Dec 27, 2000
Sold by
Duran Natalia
Bought by
Bank One Financial Services Inc
Purchase Details
Closed on
May 6, 1999
Sold by
Mir Mapi
Bought by
Duran Natalia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
10.5%
Purchase Details
Closed on
Feb 12, 1999
Sold by
Mir Jamal
Bought by
Mir Mapi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.45%
Purchase Details
Closed on
Jan 26, 1999
Sold by
Federal National Mortgage Association
Bought by
Mir Mapi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9.45%
Purchase Details
Closed on
Jul 22, 1998
Sold by
Herrera Romeo Francisco and Herrera Jessica
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Aug 14, 1995
Sold by
Federal National Mortgage Association
Bought by
Herrera Romeo Francisco and Herrera Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 26, 1995
Sold by
California Federal Bank Fsb
Bought by
Federal National Mortgage Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
6.37%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 14, 1995
Sold by
Steele John D and Steele Ferdie A
Bought by
California Federal Bank Fsb and California Fsla
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $1,225,000 | Fidelity National Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $220,000 | Fidelity National Title Co | |
| Trustee Deed | $213,309 | Benefit Land Title Ins Co | |
| Grant Deed | $300,000 | California Counties Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $170,000 | Chicago Title Co | |
| Trustee Deed | $166,376 | Lawyers Title Company | |
| Corporate Deed | $160,500 | First American | |
| Corporate Deed | -- | First American Title Co | |
| Trustee Deed | $199,370 | World Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $918,750 | New Conventional | |
| Previous Owner | $176,000 | No Value Available | |
| Previous Owner | $255,000 | No Value Available | |
| Previous Owner | $136,000 | No Value Available | |
| Previous Owner | $155,300 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $1,225,000 | -3.9% | $369 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $1,275,000 | -3.4% | $384 / Sq Ft |
| 11/14/2024 11/14/24 | Price Changed | $1,320,000 | -2.2% | $398 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $1,350,000 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,838 | $331,482 | $180,809 | $150,673 |
| 2024 | $4,838 | $324,983 | $177,264 | $147,719 |
| 2023 | $4,751 | $318,612 | $173,789 | $144,823 |
| 2022 | $4,475 | $312,366 | $170,382 | $141,984 |
| 2021 | $4,362 | $306,242 | $167,042 | $139,200 |
| 2019 | $4,299 | $297,161 | $162,089 | $135,072 |
| 2018 | $4,166 | $291,335 | $158,911 | $132,424 |
| 2016 | $3,823 | $280,025 | $152,742 | $127,283 |
| 2015 | $3,681 | $275,820 | $150,448 | $125,372 |
| 2014 | $3,675 | $270,418 | $147,501 | $122,917 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
-
Martin Feinberg
Buyer's Agent in 2025
Martin Feinberg
Martin Feinberg Real Estate
(310) 729-6573
1 in this area
71 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24219674
APN: 7275-004-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1013 E Appleton St Unit 1
- 1187 E 3rd St Unit 209
- 1187 E 3rd St
- 1187 E 3rd St Unit 215
- 939 E Appleton St Unit 25
- 1109 E 1st St Unit 11
- 1023 E 1st St Unit 19
- 219 Esperanza Ave
- 408 Orange Ave
- 1048 E 5th St
- 15 Cerritos Ave
- 1260 E 4th St Unit 6
- 440 N Zona Ct
- 834 E 4th St Unit H
- 834 E 4th St Unit 29
- 350 Tile Ave
- 12 3rd Place
- 1140 E Ocean Blvd Unit 220
- 1140 E Ocean Blvd Unit 109
- 1140 E Ocean Blvd Unit 320