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3400 Cerritos Ave, Long Beach, CA 90807
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3400 Cerritos Ave Long Beach, CA 90807

$1,600,000 Sold Price as of 11/16/2021
  • 7 Beds
  • 4 Baths
  • 4,473 Sq.Ft.
Sold
$1,600,000 Sold Price as of 11/16/2021 Refinance Your Mortgage
Map preview of 3400 Cerritos Ave, Long Beach, CA 90807

Property Overview: 3400 Cerritos Ave Long Beach, CA has 7 bedrooms, 4 bathrooms, 4,473 living square feet and 6,043 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1st Time on Market in 40+ Years! 3400 Cerritos Ave is located in the highly desirable California Heights (“Cal Heights”) neighborhood in Long Beach. This gorgeous 3 unit multifamily property has been owned by the same family for over 40 years, and has been extremely well maintained with newer windows, plumbing, gutters, and clean units. This property offers an ideal opportunity for an owner occupier or local investor looking for pride of ownership. The property was built in 1978 and comprised of (1) 3/2 unit in the front with a bonus room, fireplace, and detached two car garage. In the rear are (2) 2/1 units upstairs with vaulted ceilings, a spacious bathroom, and large unit sizes. One unit is ready for immediate occupancy. With a community laundry room, (5) garages with automatic openers, this property offers tons of amenities to fit all of your needs. There is a potential to convert the detached garage structure into an ADU and perhaps more as the property sits on commercially zoned land totaling 6,043 SF. Prime Location in California Heights near Virginia Country Club, Bixby Knolls, LB Exchange, LB Airport, Memorial Hospital, Freeways, and walking distance to Restaurants & Shops.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
6,043
HOA Dues
$0/mo
Year built
1978
Garage
5 Car
Property Type:
Triplex
Status
Sold
MLS#
OC21204559
City
Long Beach
County
Los Angeles
Time on Site
1086 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $1,825
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,300
  • Net Operating Income: $53,021
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

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Property Details for 3400 Cerritos Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, See Remarks
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Bonus Room, Kitchen, Living Room, Master Bedroom, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Granite Counters, High Ceilings
  • Window Features: Double Pane Windows
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage, Garage - Single Door, Garage - Two Door, Garage Door Opener, See Remarks
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, See Remarks
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7146026025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: California Heights (CH)
  • Directions: NEC Cerritos & Wardlow near Orange and North of the 405 Freeway
Neighborhood Information
  • Community Features: Curbs, Gutters, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 3400 Cerritos Ave

Last sold for $1,600,000 on November 16th, 2021

  • September, 2021

  • Sep 29, 2021

    Date

    Active

    CRMLS: OC21204559

    $1,500,000

    Price

Tax History for 3400 Cerritos Ave

Assessed Value (2020): $334,989
Year Land Value Improved Value Assessed Value
2020 $63,934 $271,055 $334,989

Home Value Compared to the Market

This property vs the competition

3400 Cerritos Ave sold on November 16, 2021 for 83.15% higher 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 $335.35 per/sqft which puts the price per square foot 46.6% lower than the current median sale per square foot for the city of Long Beach.

About 3400 Cerritos Ave

Detailed summary of property

3400 Cerritos Ave is a triplex that recently sold in Long Beach, CA 90807. This triplex offered 7 bedrooms, 4 bathrooms, roughly 4,473 living square feet, and sits on an approximately 6,043 square foot lot. 3400 Cerritos Ave was first listed on ArdentRealEstateGroup.com on September 29, 2021. The homeowner sold the property for $1,600,000. 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 83.15% higher than the current median priced home. Local homes that are currently for sale include 219 E 10th St, 1021 Pacific Ave and 801 Atlantic Ave. While the average home in Long Beach, CA is selling in 62 days, 3400 Cerritos Ave has a days on market of 9 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 3400 Cerritos Ave Long Beach, CA 90807 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3400 Cerritos Ave

Public county record property details
Beds
7
Baths
4
Year built
1978
Sq. Ft.
4,473
Lot Size
6,043
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43,44
APN
7146-026-025

The source for these homes facts are from public records.

90807 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$959,000
Median List Price/Sq.Ft.
$603
Median Sold Price
$1,055,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
74
Median Sale to List Price %
100.48%
Avg Days on Market
14
Loan Type
Conventional (54.55%), FHA (0%), VA (4.55%), Cash (9.09%), Other (22.73%)

Thinking of Selling?

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(714) 706-1823

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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.

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