new - 6 days on rocket

758 Cerritos Ave, Long Beach, CA, 90813

$1,799,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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758 Cerritos Ave, Long Beach$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1959
MLS #PW24247969
Lot Size0.15 Acres
StatusActive

About 758 Cerritos Ave

Investment Opportunity; 7-Unit Property Near Downtown Long Beach. This 7-unit property is an excellent option for investors looking to maximize rental income. Located near downtown Long Beach, it is surrounded by numerous apartment buildings, ensuring a steady demand for housing in the area. The property includes four vacant units, ready to be rented at market rates, offering immediate income potential. Each unit features 1 bedroom and 1 bathroom, making them highly attractive to a wide range of tenants. Conveniently located near public transportation, shops, and local amenities.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 2

Listing Office:

  • Office Name: REMAX Proper
  • Office Phone: (562) 310-3742
  • Listing Agent: Visakha Sir

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Unit the 405 to 7th street and turn right on Cerritos

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000

Tax Information:

  • Annual Amount: $15,262
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

758 Cerritos Ave vs Long Beach

6 DAYS ON ROCKET

-29 Days

$1,799,000

+$973.8K More

KEY TAKEAWAY

This property is $973.8K 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: #PW24247969

Listing Office:

  • Office Name: REMAX Proper
  • Office Phone: (562) 310-3742
  • Listing Agent: Visakha Sir

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: 12/18/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2017Home Sold
$5,645,455
Sep 30, 2013Home Sold
$630,000
Aug 27, 2003Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,262$1,180,741
2020$15,044$1,167,328
2019$14,603$1,144,440
2018$9,153$1,122,000
2017$9,153$665,433

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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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-4309963
6
/10
  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-4309964
5
/10
  • Robert Louis Stevenson Elementary School

  • 515 Lime Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-4309965
5
/10
  • Oropeza Elementary School

  • 700 Locust Ave

  • 0.73 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,000. Residents of Long Beach, CA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 758 Cerritos Ave

What is the listing price of this property?

The listing price of 758 Cerritos Ave property is $1,799,000.

What type of property is this?

The property 758 Cerritos Ave is a condo located in Long Beach, California, 90813.

Is this property for sale now?

Active Listing: 758 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 $15,262 (source: MLS/based on county public records data).

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

The last sale was on June 19, 2017 for $5,645,455. (source: MLS/tax record).

Which year was this property built?

The year of construction for 758 Cerritos Ave is 1959.

Rocket HomesCaliforniaLos Angeles CountyLong Beach90813758 Cerritos Ave

This home is located at 758 Cerritos Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1959, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $1,799,000.

Over 66 listings were sold over their listed price in November 2024 in Long Beach, CA. In the same period over 64 listings were sold below the listed price and 32 listings were sold for the listed price. The number of listings 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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