$2,150,000

615 Cerritos Avenue, Long Beach, CA 90802

  • 6,144 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $350/sqft
  • Property List Date Icon Listed 3 months ago

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 incr

Listing Status:
Active
Date Added:
July 24, 2025 at 05:00AM
Listing Office:
Buckingham Investments, Inc : 310-982-7055
Listing Agent:
Kristen Mussenden : 407-341-3254
MLS ID:
CRSB25166797
  • Laundry: Other
  • Heating: Radiant
  • County: Los Angeles
  • Zoning: LBR37266006024

This listing courtesy of Kristen Mussenden, Buckingham Investments, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert Louis Stevenson Elementary School

515 Lime Ave, Long Beach, CA, 90802

Grades KG-5

0.34 miles away

F

Franklin Classical Middle School

540 Cerritos Ave, Long Beach, CA, 90802

Grades 6-8

0.05 miles away

R

Renaissance High School for the Arts

235 E 8th St, Long Beach, CA, 90813

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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