Backup offers
#PW24241198, Christopher Walker, Listing Office: Triqor Group
728 Cerritos Ave Long Beach, CA 90813
$3,300,000 List price
0.3 acres
Condo
Property details
About 728 Cerritos Ave
We are pleased to present a 19+1 unit apartment building located at 728 Cerritos Avenue in Long Beach, California. This is a value-add opportunity in a great location. The subject property is close to 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists of two parcels that total 11,750 rentable square feet spread throughout a 12,614 square foot lot. One property was built in 1924 and the other was built in 1952. The properties consist of 5 studios, 12 one bed/one bath units and 2 two bedroom / one bath units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 9 garages which generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores.
Highlights
Home typeCondominium
StatusActive
Lot size0.2896 Acres
Year built1924
MLS #PW24076719
Garage9 spaces
Summary
- MLS Number: PW24076719
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Email: kking@marcusmillichap.com
- Listing Agent: Kevin King
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,300,000
728 Cerritos Ave
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 14, 2004 | Home Sold | $1,500,000 |
| Jun 25, 1999 | Home Sold | $447,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,067,279 | $15,058 |
| 2023 | $1,046,379 | $14,787 |
| 2022 | $1,025,889 | $13,906 |
| 2021 | $1,005,801 | $13,589 |
| 2020 | $994,143 | $13,395 |
| 2019 | $974,651 | $13,001 |
| 2018 | $955,541 | $12,862 |
| 2017 | $936,806 | $12,862 |
History based on county public records data.
Nearby schools
6
Lincoln Elementary School
Public District KG-5
0.4 mi
•1175 E 11th St
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.4 mi
•515 Lime Ave
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 $29,000. The most common annual income of people living in Long Beach, CA is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
58%
<35k
39%
35k-100k
1%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 728 Cerritos Ave
This home is located at 728 Cerritos Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $3,300,000.
Long Beach, CA housing market in January 2025 saw over 63 listings sold above listed price, more than 35 sold at listed price and over 53 sold below. The number of homes for sale in Long Beach, CA increased by 5.6% between December and January 2025. In January 2025 median list price was $825,147 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.