348 Cerritos Avenue, Long Beach, CA 90802
Property
Sold July 2024
Listing Agent: W. Kurt Wood (DRE #00452182) · Listing Office: Belmont Brokerage & Mgmt. INC. · Contact: 562-301-6763 · Bought with: Cody Charnell · Sage Real Estate · MLS #PW24063142 · Source: CRMLS
6,252 sqft
Lot Size
1963
Year Built
Property
Type
2
Stories
4
Garage
None
Cooling
About this property
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.
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history
$2,185,000
Sold July 2024 · listed $2,250,000, on market April 2024 · MLS #PW24063142 · Source: CRMLS
Listing Agent: W. Kurt Wood · Listing Office: Belmont Brokerage & Mgmt. INC. · Contact: 562-301-6763 · Bought with: Cody Charnell · Sage Real Estate