NOT LISTED FOR SALE
13 Beds
7 Baths
6,346 Sq Ft
6,301 Sq Ft Lot

Sale Details

Date Sold: September 14, 2022

Last sale price $2,050,000 $323 Per Sq Ft

105 Days on Market

About This Home

As of September 2022

768 Cerritos Avenue is an 8-unit multifamily investment opportunity located within the neighborhood of Hellman adjacent to Downtown Long Beach, CA. Unit mix offers one-, two- & three-bedroom floor plans with patio/balcony space in select units.

Last Agent to Sell the Property

Trey Mitchell

CB Richard Ellis, Inc. License #02060609 Listed on: 06/01/2022

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc. License #01908153

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,301 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 6,346 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7266-003-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,301 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Living Area: 6346
  • Lot Acreage: 0.1446
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 338.80

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 1 Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 59.08
  • Assessed Improvement Value: 604795
  • Assessed Land Percent: 40.92
  • Assessed Land Value: 418937
  • Total Assessed Value: 1023732
  • Assessor Parcel Number: 7266-003-012
  • Lot Size Area: 6301

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.64
  • Number Of Units: 8
  • Type Of Units: Apartments

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hellman, CA

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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
09/14/2022 09/14/22 Sold $2,050,000 -4.7% $323 / Sq Ft
06/01/2022 06/01/22 For Sale $2,150,000 -- $339 / Sq Ft
Source: The MLS

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
2026 $29,081 $2,175,475 $1,411,406 $764,069
2025 $29,081 $2,132,820 $1,383,732 $749,088
2024 $27,799 $2,091,000 $1,356,600 $734,400
2023 $27,088 $2,050,000 $1,330,000 $720,000
2022 $13,947 $1,044,205 $427,315 $616,890
2021 $13,632 $1,023,732 $418,937 $604,795
2019 $13,437 $993,849 $406,512 $587,337
2018 $13,038 $974,372 $398,542 $575,830
2016 $11,980 $936,076 $383,067 $553,009
2015 $11,515 $922,016 $377,313 $544,703
2014 $11,466 $903,956 $369,922 $534,034
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-163113

The MLS
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