#SB25092114, Keaton Quaack, Listing office: Lyon Stahl Investment Real Estate, Inc.

615 Cerritos Ave Long Beach, CA 90802
Property details
About 615 Cerritos Ave
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 increasingly attractive market for real estate investors.
Highlights
Summary
- Garage Space: 4 spaces
- Private Pool: No
- Heating: Radiant
- List Price: $2,150,000
- Annual Tax Amount: $28,196
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: North on Alamitos, to right on 6th St, then left on Cerritos at the Elementary School
- Year Built: 1963
- Stories: 2
- Lot Size: 0.146 Acres
- MLS Number: SB25166797
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (323) 362-2253
- Listing Agent: Kristen Mussenden
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.
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Last updated on: 7/28/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 07, 2017 | Home Sold | $1,725,000 |
Sep 11, 2014 | Home Sold | $1,260,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,143,544 | $28,196 |
2023 | $2,101,514 | $27,717 |
2022 | $2,060,308 | $26,018 |
2021 | $2,019,911 | $25,488 |
2020 | $1,999,200 | $22,697 |
2019 | $1,759,500 | $22,088 |
2018 | $1,725,000 | $17,147 |
2017 | $1,304,798 | $17,147 |
History based on county public records data.
Nearby schools
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.4 mi
•515 Lime Ave
6
Lincoln Elementary School
Public District KG-5
0.5 mi
•1175 E 11th St
5
Oropeza Elementary School
Public District KG-5
0.7 mi
•700 Locust Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,233. The most common annual income of people living in Long Beach, CA is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 615 Cerritos Ave
The listing price of 615 Cerritos Ave property is $2,150,000.
The property 615 Cerritos Ave is a condo located in Long Beach, California, 90802.
Active Listing: 615 Cerritos Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 615 Cerritos Ave are: Robert Louis Stevenson Elementary School (GreatSchools Rating 5/10), Lincoln Elementary School (GreatSchools Rating 6/10), Oropeza Elementary School (GreatSchools Rating 5/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Polytechnic High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $28,196 (source: MLS/based on county public records data).
The last sale was on November 7, 2017 for $1,725,000 (source: MLS/tax record).
The property at 615 Cerritos Ave has 0 bathroom.
The year of construction for 615 Cerritos Ave is 1963.
This home is located at 615 Cerritos Ave in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $2,150,000.
Long Beach, CA housing market in June 2025 saw over 73 listings sold above listed price, more than 33 sold at listed price and over 90 sold below. The inventory of homes for sale in Long Beach, CA between May and June 2025 increased by 4.8%. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $836,224.