2005 Cerritos Ave, Long Beach, CA 90806
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2005 Cerritos Ave Long Beach, CA 90806

$552,000 Sold Price as of 04/30/2020
  • 6 Beds
  • 4 Baths
  • 1,368 Sq.Ft.
Sold
$552,000 Sold Price as of 04/30/2020 Refinance Your Mortgage

Map preview of 2005 Cerritos Ave, Long Beach, CA 90806

Property Overview: 2005 Cerritos Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 1,368 living square feet and 4,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT DUPLEX, SELLER VERY MOTIVATED, DRIVE BY AND CALL L.O. OR AGENT.GREAT INVESMENT, NICE CONERLOT

Listed by Juan Arenas | BRE #00995215 | Arenas Realty
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 246

Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW19140851
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $27,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • New Taxes: $1,500
  • Trash: $360
  • Insurance: $850

Property Details for 2005 Cerritos Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 7210027030
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: PALM PLACE TRACT
  • Directions: ORANGE AVENUE/MARTIN LUTHER KING/PACIFIC COAST HIGHWAY
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2005 Cerritos Ave

Last sold for $552,000 on May 6th, 2020
  • May, 2020

  • May 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $552,000

    Price

  • April, 2020

  • Apr 30, 2020

    Date

    Sold

    CRMLS: DW19140851

    $552,000

    Price

  • Mar 13, 2020

    Date

    Pending

    CRMLS: DW19140851

    $600,000

    Price

  • Mar 6, 2020

    Date

    Sold

    CRMLS: DW19140851

    $552,000

    Price

  • Mar 1, 2020

    Date

    Active

    CRMLS: DW19140851

    $600,000

    Price

  • Jan 31, 2020

    Date

    Hold

    CRMLS: DW19140851

    $600,000

    Price

  • Jun 15, 2019

    Date

    Active

    CRMLS: DW19140851

    $600,000

    Price

  • January, 2006

  • Jan 3, 2006

    Date

    Sold (Public Records)

    Public Records

    $485,000

    Price

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Tax History for 2005 Cerritos Ave

Assessed Value (2020): $520,000
Year Land Value Improved Value Assessed Value
2020 $325,000 $195,000 $520,000

Home Value Compared to the Market

This property vs the competition

2005 Cerritos Ave sold on April 30, 2020 for 26.74% lower than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $438.6 per/sqft which puts the price per square foot 30.16% lower than the current median sale per square foot for the city of Long Beach.

About 2005 Cerritos Ave

Detailed summary of property

2005 Cerritos Ave is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 1,368 living square feet, and sits on an approximately 4,000 square foot lot. 2005 Cerritos Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $552,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 26.74% lower than the current median priced home. Local homes that are currently for sale include 731 E 84th St, 845 E 80th St and 908 E 79th St. While the average home in Long Beach, CA is selling in 62 days, 2005 Cerritos Ave has a days on market of 246 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 2005 Cerritos Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2005 Cerritos Ave

Public county record property details
Beds
3
Baths
2
Year built
1921
Sq. Ft.
1,368
Lot Size
4,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
7210-027-030

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,900
Median List Price/Sq.Ft.
$531
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.