Long Beach, CA 90802,615 Cerritos AVE
Long Beach, CA 90802,615 Cerritos AVE
Long Beach, CA 90802,615 Cerritos AVE
Long Beach, CA 90802,615 Cerritos AVE
Long Beach, CA 90802,615 Cerritos AVE
Long Beach, CA 90802,615 Cerritos AVE
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Listed by Kristen Mussenden • Buckingham Investments, Inc
Bought with Anthony Walker

$2,025,000

Est.Price: ?

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Est. payment /mo

6,359 Sqft Lot


SOLD DATE : 12/31/2025

Key Details

Sold Price $2,025,000

Property Type Commercial Multi-Residential (5 units)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSB25166797

Year Built 1963

Lot Size 6,359 Sqft

Property Description

615 Cerritos Ave presents a rare opportunity to acquire a well-maintained multifamily property in one of Long Beach's most desirable rental markets. Close Proximity to Retro Row and the East Village Arts District, this clean 8 unit building features all large 2-bed/1-bath units with excellent layouts and strong tenant appeal. One unit will be delivered rent-ready, offering immediate income upside or owner-user potential. The building has received several recent upgrades, including a new roof (2019, resealed 2025), 100-amp main panels, and subpanel upgrades in each unit, to be completed by August 4th. The property also boasts fresh exterior paint, new gutters, and sits on a quiet street just steps from Franklin Middle School and the Museum of Latin American Art. Additional value-add potential exists with garage ADU conversion possibilities, and two rear storage/laundry rooms currently not in use. With no tuck-under parking, the property avoids seismic retrofit requirements, making it easy to own and low maintenance. With Long Beach preparing to host several Olympic competitions in 2028, the city is poised for international attention and long-term economic growth. This global spotlight, combined with ongoing infrastructure improvements and civic investment, makes Long Beach an i

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Heating Radiant

Laundry Laundry Area

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Eric Boyenga

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

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