Large Price Reduction! Great Investment Opportunity! Welcome to 260 Cerritos Ave. located in the heart of Alamitos Beach. The subject property consists of a 4 unit apartment building, comprised of 4 large 1bed/1bth units, approx. 830 SF each. New roof installed 2023. All the units are spacious, light, bright and airy, featuring lots of character, vintage built-ins, large closets and storage. All 4 units are separately metered for gas and electricity. Located in a great area of Long Beach, just minutes from Downtown Long Beach and a few blocks from the beach. Don't miss out on this great investment opportunity! Seller will consider Concessions with Offer!
Sold for $1,225,000
Listed by: Pabst, Kinney & Associates • Spencer Pabst • Contact: 562-987-3244
Bought with: Martin Feinberg Real Estate
$1,225,000
260 Cerritos Ave, Long Beach, CA 90802
4beds
4baths
3,320sqft
Multi Family
Built in 1923
-- sqft lot
$1,207,200 Zestimate®
$369/sqft
$3,767 Estimated rent
Home value
$1,207,200
$1.09M - $1.34M
$3,767/mo
Zestimate® history
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$3,767/mo
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$8,018/mo
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List your homeWhat's special
Lots of characterVintage built-insLarge closets and storage
Zillow last checked:
Listing updated:
Listed by:
Spencer Pabst DRE #01849377 562-884-6875,
Pabst, Kinney & Associates
Bought with:
Martin Feinberg, DRE #00977561
Martin Feinberg Real Estate
Source: CRMLS,MLS#: PW24219674
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,320
- Total interior livable area: 3,320 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 2,398 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7275004020
- Zoning: LBR3S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $331,482
- Annual tax amount: $5,074
- Date on market: 10/23/2024
- Cumulative days on market: 89 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Total actual rent: 6875
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Sold | $1,225,000-3.9%$369/sqft |
Source:  CRMLS #PW24219674 Report a problem | ||
| 1/21/2025 | Contingent | $1,275,000$384/sqft |
Source: CRMLS #PW24219674 Report a problem | ||
| 11/18/2024 | Price change | $1,275,000-3.4%$384/sqft |
Source: CRMLS #PW24219674 Report a problem | ||
| 11/14/2024 | Price change | $1,320,000-2.2%$398/sqft |
Source: CRMLS #PW24219674 Report a problem | ||
| 10/23/2024 | Listed for sale | $1,350,000+513.6%$407/sqft |
Source: CRMLS #PW24219674 Report a problem | ||
| 5/9/2001 | Sold | $220,000+3.1%$66/sqft |
Source: Public Record Report a problem | ||
| 12/29/2000 | Sold | $213,309-28.9%$64/sqft |
Source: Public Record Report a problem | ||
| 7/15/1999 | Sold | $300,000+76.5%$90/sqft |
Source: Public Record Report a problem | ||
| 3/4/1999 | Sold | $170,000+2.2%$51/sqft |
Source: Public Record Report a problem | ||
| 7/28/1998 | Sold | $166,376+3.7%$50/sqft |
Source: Public Record Report a problem | ||
| 8/31/1995 | Sold | $160,500-19.5%$48/sqft |
Source: Public Record Report a problem | ||
| 4/17/1995 | Sold | $199,370$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,074 +4.9% | $331,482 +2% |
| 2024 | $4,838 +1.8% | $324,983 +2% |
| 2023 | $4,751 +6.2% | $318,612 +2% |
| 2022 | $4,475 +2.6% | $312,366 +2% |
| 2021 | $4,362 +0.3% | $306,242 +1% |
| 2020 | $4,349 | $303,103 +2% |
| 2019 | $4,349 +4.4% | $297,161 +2% |
| 2018 | $4,166 | $291,335 +2% |
| 2017 | $4,166 +1.1% | $285,624 +2% |
| 2016 | $4,122 +7.8% | $280,025 +1.5% |
| 2015 | $3,823 +4% | $275,820 +2% |
| 2014 | $3,675 | $270,418 +2.5% |
| 2012 | -- | $263,919 +2% |
| 2011 | -- | $258,745 +0.8% |
| 2010 | -- | $256,813 -0.2% |
| 2009 | -- | $257,424 +2% |
| 2008 | -- | $252,377 +2% |
| 2007 | -- | $247,429 +2% |
| 2006 | -- | $242,578 |
| 2005 | -- | $242,578 +4% |
| 2004 | -- | $233,160 +1.9% |
| 2003 | -- | $228,888 +2% |
| 2002 | -- | $224,400 +40.3% |
| 2000 | -- | $160,000 |
Find assessor info on the county website
Neighborhood: Alamitos Beach
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Nearby schools
GreatSchools rating
- 5/10Stevenson Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,207,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,207,200
- California
- Los Angeles County
- Long Beach
- 90802
- Alamitos Beach
- 260 Cerritos Ave
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