615 Cerritos Avenue, Long Beach, CA 90802
Local realty services provided by:ERA Excel Realty
615 Cerritos Avenue,Long Beach, CA 90802
$2,150,000
- - Beds
- - Baths
- 6,144 sq. ft.
- Multi-family
- Active
Listed by: kristen mussenden, matthew mahowald
Office: buckingham investments, inc
MLS#:SB25166797
Source:CRMLS
Price summary
- Price:$2,150,000
- Price per sq. ft.:$349.93
About this home
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 increasingly attractive market for real estate investors.
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Home facts
- Year built:1963
- Listing ID #:SB25166797
- Added:118 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Living area:6,144 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1963
- Building area:6,144 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,150,000
- Price per sq. ft.:$349.93
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