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$985,000
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Property Description
Investors Delight Three-Unit Building in Sunny Long Beach CA** This property is just minutes from the beach and downtown Long Beach, this multi-unit property offers a unique investment opportunity or the perfect live/work arrangement. This sold-as-is building features three distinct units: **3-Bedroom, 1-Bathroom Unit**: This main unit is located at the front of the property and offers a spacious, open layout with modern finishes throughout. The large, well-appointed kitchen and inviting living areas create a perfect cozy family home. With its bright, airy atmosphere and functional design, it provides a comfortable and stylish living experience. **2-Bedroom, 1-Bathroom Unit**: A charming, cozy space perfect for tenants or a smaller family. The unit boasts updated features, ample natural light, and a functional floor plan, ensuring both comfort and convenience. **Owner's Studio Unit**: A private and well-appointed studio, offering a peaceful retreat with a kitchenette, full bath, closet, and space to live comfortably while being steps from your rental income potential. Property includes two oversized two car garages with alley access and units above. Buyer can check with the city as there is a potential to add additional units for a potential 4 units.
Enjoy the best of coastal living, w/ the beach, dining, shopping, and entertainment. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property offers endless possibilities. Don't miss out on this incredible opportunity in one of Long Beach's most desirable locations.
Full Property Details
Full Property Details for 920 Cerritos Ave
General
- Sold For: $985,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25144450
- Added to Site: 239 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, In Carport, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, Garage Faces Rear
- Parking: Garage, Garage Faces Rear
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: east of Alamitos, south of 10th St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: main
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,315
- Year Built: 1913
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 3
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.172
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: Lot 6500-9999, Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $425.49
- Price Per Unit: 366333
Listed by Real Consultants Mortgage Real, Michael Pelayo
Sold by Berkshire Hathaway HomeService, Paquita Engle-Fiallos
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Schools
Schools serving 920 Cerritos Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Long Beach, CA 1175 East 11th Street, Long Beach, CA 90813 | K-5 | 0.2 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.3 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 920 Cerritos Ave
Date
Details
Price
Change
Source
12/31/2025
Sold
$985,000
-10.37%
MLS
11/12/2025
Price Reduced
$1,099,000
-4.43%
MLS
11/01/2025
Price Reduced
$1,149,999
-4.1%
MLS
10/06/2025
Price Reduced
$1,199,196
—
MLS
7/02/2025
Listed
$1,199,198
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
920 Cerritos Avenue, Long Beach, CA 90813 (MLS# DW25144450) is a Multi-Family property that was sold at $985,000 on December 31, 2025. Want to learn more about 920 Cerritos Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

