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1720 Cerritos Ave
Long Beach, CA 90813 Downtown Long Beach

Price Upon Request

Apartments For Sale • 6,074 SF

Property Details

Property Type Apartments
Total Building Size 6,074 SF
Lot Size 0.12 AC
Building Class C
Year Built 1963
Zoning LBR3S

55 Transit Score

89 Walk Score

                
                    Highlights
                
                                All Units have been completely remodeled
                            
                                Perfect opportunity for exchange buyer looking for very low maintenance and high cash-flow
                            
                                Copper plumbing throughout building, new electrical and 3 year old roof (All done within last 5 years)
                            
                                All Units have been completely remodeled featuring Dishwashers, Wash/Dryer Hookups and Windows
                            
                                (6) 2Bed+1Bath Units and (1) 3Bed+1.5Bath - Two units are currently vacant

Financial Summary (Actual)

Net Operating Income: $145,565 USD (2023)

Total Expenses:

$53,980 USD

Amenities

Air Conditioning
Dishwasher
Laundry Facilities
Washer/Dryer Hookup
Ceiling Fans
Hardwood Floors

Public Transportation

Transit/Subway	Drive	Walk	Distance
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	7 min	-	3.3 mi
John Wayne/Orange County	30 min	-	20.8 mi
Los Angeles International	31 min	-	21.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes

1720 Cerritos Ave OFF MARKET Long Beach, CA 90813 Downtown Long Beach OFF MARKET