
920 Cerritos Ave Long Beach, CA 90813
Hellman NeighborhoodEstimated payment $6,772/month
Highlights
- Fishing
- Property is near a park
- Laundry Room
- Long Beach Polytechnic High School Rated A
- No HOA
- 1-minute walk to Craftsman Village Park
About This Home
Investors Delight Three-Unit Building in Sunny Long Beach CA** This property is just minutes from the beach and downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: **3-Bedroom, 1-Bathroom Unit**: This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. **2-Bedroom, 1-Bathroom Unit**: A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. **Owner’s Studio Unit**: A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, closet, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Buyer can check with the city as there is a potential to add additional units for a potential 4 units.
Enjoy the best of coastal living, w/ the beach, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers endless possibilities. Don't miss out on this incredible opportunity in one of Long Beach’s most desirable locations.
Listing Agent
Real Consultants Mortgage Real Brokerage Phone: 562-331-3633 License #02199038 Listed on: 07/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,856
Year Built
- Built in 1913
Lot Details
- 7,491 Sq Ft Lot
- 1 Common Wall
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
Home Design
- Triplex
Interior Spaces
- 2,315 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5764
- Assessor Parcel Number 7267024006
- $593 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Fishing
- Park
- Dog Park
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $5,950
- Net Operating Income $5,950
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,856 | $192,368 | $27,675 | $164,693 |
2024 | $2,856 | $188,597 | $27,133 | $161,464 |
2023 | $2,807 | $184,900 | $26,601 | $158,299 |
2022 | $2,652 | $181,276 | $26,080 | $155,196 |
2021 | $2,585 | $177,722 | $25,569 | $152,153 |
2020 | $2,577 | $175,900 | $25,307 | $150,593 |
2019 | $2,547 | $172,452 | $24,811 | $147,641 |
2018 | $2,347 | $169,072 | $24,325 | $144,747 |
2016 | $2,146 | $162,509 | $23,382 | $139,127 |
2015 | $2,067 | $160,069 | $23,031 | $137,038 |
2014 | $2,064 | $156,934 | $22,580 | $134,354 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/02/2025 07/02/25 | For Sale | $1,199,198 | -- | $518 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Gift Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $350,000 | Negative Amortization | |
Closed | $114,577 | Unknown |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25144450

APN: 7267-024-006
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