Long Beach, CA 90802,348 Cerritos AVE
Long Beach, CA 90802,348 Cerritos AVE
Long Beach, CA 90802,348 Cerritos AVE
15
$2,185,000
$2,250,000
2.9%
Est.Price: ?

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6,232 SqFt

348 Cerritos AVE Long Beach, CA 90802

Est. payment /mo
SOLD DATE : 07/05/2024

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Key Details

Sold Price $2,185,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 6,232 sqft

Price per Sqft $350

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW24063142

Sold Date 07/05/24

HOA Y/N No

Year Built 1963

Lot Size 6,250 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR3S

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Garage Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Parking Type Assigned

Total Parking Spaces 4

Private Pool No

Building

Lot Description Walkstreet

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7275005003

Security Features Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by W. Kurt Wood • Belmont Brokerage & Mgmt. INC. • 562-301-6763
Bought with Cody Charnell • Sage Real Estate

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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