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733 Cerritos Avenue, Long Beach, CA 90813

Commercial property · 2 recorded sales since 2013

733 Cerritos Avenue, Long Beach, CA 90813 Sold May 2016 CRMLS
$725,000Sold May 2016

Listing Agent: Lilly Chiu Pelletier (DRE #01885030) · Listing Office: THE REAL ESTATE GROUP · Contact: 310-540-0072 · Bought with: Lilly Chiu Pelletier · THE REAL ESTATE GROUP · MLS #IN16071999 · Source: CRMLS

4,010
Building Sq Ft
6
Units
6.70%
Cap Rate
$49,479
NOI
7,337 sqft
Lot Size
1978
Year Built
Commercial property
Type

About this commercial property

Excellent income property, located in highly desirable downtown Long Beach area. 6 units total, rent under market. Good condition, no rent control, potential extra income from laundry and garage rental. Price to Sell !
 
 Sales subject to 1031 exchange and seller finding a replacement property
 
 Cross reference MLS#IN16042721

Listing description from the May 2016 sale, as reported to CRMLS.

Sale history

$725,000
Sold May 2016 · listed $739,000, on market March 2016 · MLS #IN16071999 · Source: CRMLS
Listing Agent: Lilly Chiu Pelletier · Listing Office: THE REAL ESTATE GROUP · Contact: 310-540-0072 · Bought with: Lilly Chiu Pelletier · THE REAL ESTATE GROUP
$629,000
Sold December 2013 · on market October 2013 · MLS #DW13211765 · Source: CRMLS
Listing Agent: Oscar Carlos · Listing Office: Century 21 Allstars · Contact: 562-863-2121 · Bought with: Lilly Chiu Pelletier · THE REAL ESTATE GROUP
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