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5920 Cerritos Avenue, Long Beach, CA 90805

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For Sale

$785,000

4 beds3 baths1,598 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $491.24
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Great opportunity for owner-users, investors, or developers! Whether you're looking to live in one unit and rent out the other, or add to your investment portfolio, this versatile property offers multiple income-producing options. The front house features 3 bedrooms, 2 bathrooms, and in-unit laundry. The back house is a 1 bedroom, 1 bathroom unit, also with laundry. Each unit has separate gas, water, and electric meters for added convenience. A long driveway provides parking for 3-4 cars, and there's an additional 1-car garage currently used as a rumpus room a vacant, unpermitted 1-bedroom studio situated between the two units. This space presents potential for an ADU conversion (buyer to verify). Conveniently located near the 710 & 91 freeways with public transportation steps away, this is a rare find in a central area of Long Beach. Front House (3 bed/2 bath): Rented month-to-month for $3,000 (after 1-year lease) Back House (1 bed/1 bath): Rented month-to-month for $1,700 (after 1-year lease) Property is being sold as-is. Buyer to verify all permits and satisfy themselves regarding the condition and permitted use of the property.
MLS# 219132144

Courtesy Of Power Brokers International

(424) 738-5900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Vinyl

Home seller CENTURY 21 Realty Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Masters

(562) 677-1800
Learn More About Us

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