Seller's Agent in 2024
Jon Swire
The Agency
(310) 948-2631
3 in this area
36 Total Sales
751 Cerritos Ave Long Beach, CA 90813
Hellman Neighborhood
18
Beds
18
Baths
6,938
Sq Ft
7,336
Sq Ft
Highlights
- 14 Car Attached Garage
- Long Beach Polytechnic High School Rated A
- 4-minute walk to Craftsman Village Park
About This Home
As of August 2024PRICED TO SELL. 9X GRM and a 6.5% CAP on actual rents with upside to a 7.1% CAP. 10 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Built in 1987, the property is professionally managed and well maintained. There are 14 onsite parking spaces - 1 for each unit plus 4 for rent. The 2nd floor units feature tall, vaulted ceilings and some have partial ocean views. The Property has an onsite laundry room. All units were updated from 2017-2019. The subpanels are 50 AMPS and the main panel is 200 AMPS. Plumbing is copper - Buyer to verify. Priced at only $340/SF. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,338
Parking
- 14 Car Attached Garage
Home Design
- Split Level Home
Interior Spaces
- 6,938 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 18 Bedrooms
- 18 Bathrooms
Additional Features
- 7,338 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 7266-004-043
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $2,349,000 | 0.0% | $339 / Sq Ft |
| 06/05/2024 06/05/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | For Sale | $2,349,000 | -- | $339 / Sq Ft |
Source: The MLS
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 | $28,048 | $2,349,000 | $1,600,000 | $749,000 |
| 2024 | $28,048 | $2,104,980 | $1,473,487 | $631,493 |
| 2023 | $27,566 | $2,063,707 | $1,444,596 | $619,111 |
| 2022 | $25,885 | $2,023,243 | $1,416,271 | $606,972 |
| 2021 | $25,346 | $1,983,572 | $1,388,501 | $595,071 |
| 2019 | $24,982 | $1,924,740 | $1,347,318 | $577,422 |
| 2018 | $24,309 | $1,887,000 | $1,320,900 | $566,100 |
| 2016 | $14,866 | $1,165,562 | $656,933 | $508,629 |
| 2015 | $14,286 | $1,148,055 | $647,066 | $500,989 |
| 2014 | $14,225 | $1,125,567 | $634,391 | $491,176 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Swire
-
Cameron Samimi
Buyer's Agent in 2024
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
4 in this area
211 Total Sales
Map
Source: The MLS
MLS Number: 24-391473
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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