NOT LISTED FOR SALE

3369 Cerritos Ave Signal Hill, CA 90755

Estimated Value: $1,056,000 - $1,100,498

3 Beds
3 Baths
1,816 Sq Ft
$595/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $1,007,000 $555 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,557/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Hughes Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Reservoir Park

About This Home

As of May 2024

Welcome to a rare California Heights adjacent investment opportunity in Long Beach, CA. A unique property with two separate homes on one lot, separated by back yards and a fence. This well-maintained duplex awaits in the heart of a sought-after neighborhood known for its vibrant community. The front unit, boasting 2 bedrooms and 2 bathrooms, exudes charm with recently updated interior and exterior paint, original hardwood flooring, and new windows. Additional conveniences include interior laundry, a separate garage with additional side parking and a shed located on a large side yard. The upstairs rear unit offers a contemporary lifestyle with one bedroom and one bathroom. The rear unit has recently been renovated with brand-new flooring and interior and exterior paint. Additional features include a private garage and a separate entrance to ensure privacy as well as a storage shed and private outdoor seating area. This duplex is not just a residence; it's an investment into a lifestyle of convenience and versatility. Its prime location adds to its appeal. Don't miss the chance to make this Long Beach duplex your own – schedule a viewing today!

Last Agent to Sell the Property

BRAYDEN CAPITANO

COMPASS Brokerage Phone: 626-222-0090 License #02017718 Listed on: 05/03/2024

COMPASS

Last Buyer's Agent

Jesse Weinberg

Jesse Weinberg License #01435805

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,811

Year Built

  • Built in 1935

Lot Details

  • 6,386 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Parking Lot

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room
  • Den

Kitchen

  • Gas Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Gas Water Heater

Additional Features

  • Shed
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Tax Tract Number 4143
  • Assessor Parcel Number 7148003011
  • $801 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,700
  • Trash Expense $1,800
  • Water Sewer Expense $816
  • Operating Expense $4,316
  • Gross Income $46,656
  • Net Operating Income $41,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,811

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: 4143
  • Water Sewer Expenses: 816.00
  • Zoning: SHR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7148003011
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 554.52
  • Room Type: Den, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage, Garage Faces Rear, Parking Space
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Recirculated Exhaust Fan, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Rectangular Lot, Level
  • Lot Size Sq Ft: 6386.00
  • Lot Size Acres: 0.1466

Multi Family

  • Average2 Bed Area: 1280 Square Feet
  • Average3 Bed Area: 536 Square Feet
  • Gross Income: 46656.00
  • Gross Scheduled Income: 46656.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6386.0000 Square Feet
  • Net Operating Income: 41990.40
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Operating Expense: 4665.00
  • Rent Control: No
  • Total Expenses: 4316.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5734.01
  • Tax Lot: 8
  • Tax Tract Number: 4143
  • TaxOtherAnnualAssessmentAmount: 801.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
May 13, 2024
Sold by
Piraner Alex I and Gunawan-Piraner Stephanie
Bought by
Marss Properties Llc
Seller's Agent
BRAYDEN CAPITANO
COMPASS
Buyer's Agent
Jesse Weinberg
Jesse Weinberg
List Price
$1,079,000
Sold Price
$1,007,000
Premium/Discount to List
-$72,000
-6.67%
Views
6
Current Estimated Value
$1,080,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,625
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Sep 29, 2016
Sold by
Piraner Alex L
Bought by
Piraner Alex I and Gunawan Piraner Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Clinton Jerome A and Clinton Antonia
Bought by
Piraner Alex I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Clinton Antonia
Bought by
Clinton Jerome A and Clinton Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Clinton Jerome A and Clinton Sandra L
Bought by
Clinton Antonia

Purchase Details

Closed on
Apr 7, 1999
Sold by
Mioli Philomena P
Bought by
Clinton Jerome and Clinton Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,820
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marss Properties Llc $1,007,000 First American Title Company
Piraner Alex I -- Lawyers Title
Piraner Alex I $595,000 Lawyers Title
Clinton Jerome A -- Natc
Clinton Antonia -- --
Clinton Jerome $205,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piraner Alex I $493,000
Previous Owner Piraner Alex I $476,000
Previous Owner Clinton Jerome A $420,000
Previous Owner Clinton Jerome $203,820
Closed Piraner Alex I $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $1,007,000 -6.7% $555 / Sq Ft
05/03/2024 05/03/24 For Sale $1,079,000 -- $594 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,811 $1,027,140 $517,140 $510,000
2024 $10,811 $813,101 $546,624 $266,477
2023 $10,633 $797,158 $535,906 $261,252
2022 $9,992 $781,529 $525,399 $256,130
2021 $9,798 $766,206 $515,098 $251,108
2020 $9,770 $758,351 $509,817 $248,534
2019 $9,659 $743,482 $499,821 $243,661
2018 $8,736 $675,000 $400,000 $275,000
2016 $6,914 $550,000 $338,000 $212,000
2015 $6,406 $520,000 $320,000 $200,000
2014 $5,916 $470,000 $315,900 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24084134

California Regional Multiple Listing Service (CRMLS)

APN: 7148-003-011