2 months on rocket

260 Cerritos Ave, Long Beach, CA, 90802

$1,275,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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260 Cerritos Ave, Long Beach$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1923
MLS #PW24219674
Lot Size0.06 Acres
StatusActive

About 260 Cerritos Ave

Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: Pabst, Kinney & Associates
  • Office Phone: (562) 884-6875
  • Listing Agent: Spencer Pabst

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.06 Acres

Other

Directions Information:

  • Directions: Between Appleton Street and 3rd Street on Cerritos Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000

Tax Information:

  • Annual Amount: $4,362
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

260 Cerritos Ave vs Long Beach

65 DAYS ON ROCKET

+30 Days

$1,275,000

+$449.8K More

KEY TAKEAWAY

This property is $449.8K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24219674

Listing Office:

  • Office Name: Pabst, Kinney & Associates
  • Office Phone: (562) 884-6875
  • Listing Agent: Spencer Pabst

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/28/2024, 4:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2001Home Sold
$220,000
Jul 15, 1999Home Sold
$300,000
Mar 04, 1999Home Sold
$170,000
Aug 31, 1995Home Sold
$160,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,362$306,242
2020$4,298$303,103
2019$4,166$297,161
2018$4,122$291,335
2017$4,122$285,624

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1925872
5
/10

  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-1925873
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-1925874
6
/10

  • Burbank Elementary School

  • 501 Junipero Ave

  • 0.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,911. The most common annual income of people living in Long Beach, CA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 260 Cerritos Ave

What is the listing price of this property?

The listing price of 260 Cerritos Ave property is $1,275,000.

What type of property is this?

The property 260 Cerritos Ave is a condo located in Long Beach, California, 90802.

Is this property for sale now?

Active Listing: 260 Cerritos Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,362 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 9, 2001 for $220,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 260 Cerritos Ave is 1923.

Rocket Homes›California›Los Angeles County›Long Beach›90802›260 Cerritos Ave

This home is located at 260 Cerritos Ave in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This home, which was built in 1923, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,275,000.

In November 2024, from all listings sold in Long Beach, CA there were more than 66 sold above asking price, over 64 sold below and more than 32 were sold right at the asked price. The number of homes for sale in Long Beach, CA decreased by 10.6% between October 2024 and November 2024. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $825,128.

From Rocket Homes Real Estate and based on county public records data.

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