348 Cerritos Avenue
Long Beach, CA 90802
Sold
348 Cerritos Avenue
Long Beach, CA 90802
Sold
Well kept 8 unit apartment building built in 1963 in great Downtown rental area. 7 two bedroom/one bath units and 1 two bath/two bath units. Over $49,000 recently spent to paint the exterior and install a new roof. Many long term tenants with lower than market rents. Current rents average $1,819 ($14,552 per month). Current Market rents average $2,481 per month or $19,948 per month. Market rents based on RentOmeter analysis.
PROPERTY INFORMATION
MLS # | PW24063142 | Lot Size | 6,252 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Apartment |
Price | $ 2,250,000
Price Per SqFt: $ 361 |
DOM | 400 Days |
Address | 348 Cerritos Avenue | Type | Residential Income |
City | Long Beach | Sq.Ft. | 6,232 Sq. Ft. |
Postal Code | 90802 | Garage | 4 |
County | Los Angeles | Year Built | 1963 |
Bed / Bath | 16 / 0 | Parking | 4 |
Built In | 1963 | Status | Closed |
Sold Date | 2024-07-05 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Individual Room |
Has Fireplace | No |
Fireplace Information | None |
Has Cooling | No |
Cooling Information | None |
EntryLocation | Side Gate |
Entry Level | 1 |
Has Spa | No |
SpaDescription | None |
SecuritySafety | Gated Community, Smoke Detector(s) |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,400
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
04/12/2024 | Pending | $2,250,000 |
04/03/2024 | Listed | $2,250,000 |

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Listing provided courtesy of W. Kurt Wood, Belmont Brokerage & Mgmt. INC.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.