Stephanie Logan
Citrus and Sage Realty
(657) 390-9848
7 Total Sales
1 in North Alamitos Beach
$832,312 Price
260 Cerritos Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $910,000 - $1,334,000
4
Beds
4
Baths
3,320
Sq Ft
$355/Sq Ft
Est. Value
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
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Mar 4, 2025
Sold by
Bought by
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
-$47,067
Avg. Annual Appreciation
-2.67%
Original Mortgage
$918,750
Interest Rate
6.93%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 23, 2024
Closed on
Feb 5, 2025
Sold by
Bought by
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
Interest Rate
6.93%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 23, 2024
Closed on
Jan 14, 2025
Sold by
Bought by
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
Interest Rate
6.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2023
Sold by
Bought by
Purchase Details
Closed on
Nov 18, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 2001
Sold by
Bought by
Purchase Details
Closed on
Apr 4, 2001
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
May 6, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 12, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 26, 1999
Sold by
Bought by
Purchase Details
Closed on
Jul 22, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 14, 1995
Sold by
Bought by
Purchase Details
Closed on
Jun 26, 1995
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Alamitos Beach, CA
-
Stephanie Logan
-
Robert Vanbeveran
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
9 Total Sales
1 in North Alamitos Beach
$771,400 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
3 in North Alamitos Beach
$475K - $515K Price Range
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
127 Total Sales
3 in North Alamitos Beach
$266K - $1.5M Price Range
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
102 Total Sales
1 in North Alamitos Beach
$430,000 Price
-
Bob Stallings
Bob Stallings
Re/Max R. E. Specialists
(562) 784-5682
26 Total Sales
1 in North Alamitos Beach
$401,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,225,000 | Fidelity National Title | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Accommodation | ||
| -- | -- | ||
| $220,000 | Fidelity National Title Co | ||
| $213,309 | Benefit Land Title Ins Co | ||
| $300,000 | California Counties Title Co | ||
| -- | Chicago Title Co | ||
| $170,000 | Chicago Title Co | ||
| $166,376 | Lawyers Title Company | ||
| $160,500 | First American | ||
| -- | First American Title Co | ||
| $199,370 | World Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $918,000 | ||
| Closed | $918,750 | ||
| Previous Owner | $176,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,074 | $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
Seller's Agent in 2025
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
4 in this area
50 Total Sales
-
Martin Feinberg
Buyer's Agent in 2025
Martin Feinberg
Martin Feinberg Real Estate
(310) 729-6573
1 in this area
65 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
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