541 Cerritos Ave

$830,000
Last Sold Price
4
Beds
4
Baths
1,980 Sq. Ft.
$419 / Sq. Ft.
1,980
Sq. Ft.
$419
per Sq. Ft.

Description

Built in 1922, this single-story property is situated on a 3,285 square foot corner lot zoned LBR3S at the intersection of 6th Street and Cerritos Avenue. The property consists of all one bedroom, one bathroom units. The entire exterior of the property has been painted within the last year. The floors and kitchens have recently been updated. All the units are individually metered for electricity and gas with individual water heaters for each unit. Located in the burgeoning "Alamitos Beach" area of...Built in 1922, this single-story property is situated on a 3,285 square foot corner lot zoned LBR3S at the intersection of 6th Street and Cerritos Avenue. The property consists of all one bedroom, one bathroom units. The entire exterior of the property has been painted within the last year. The floors and kitchens have recently been updated. All the units are individually metered for electricity and gas with individual water heaters for each unit. Located in the burgeoning "Alamitos Beach" area of Downtown Long Beach, the area has been experiencing tremendous growth in the last few years. Nestled between downtown Long Beach and Belmont Shore this charming, popular coastal neighborhood is within minutes to the best that Long Beach has to offer.
  1. Listed by Michael Jacobs • DRE #01979550 • Brokerage DRE #00572743 • Kidder Mathews of California, Inc.

Property Details for 541 Cerritos Avenue

Zoning
LBR3S
Parcel Number
7266007002
Total Units
4.0
Living Area
1980
Source Living Area
Assessor
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
0
Lot Size Area
3285
LISTING UPDATED: 08/31/2020 04:43 PM

Property Details for 541 Cerritos Avenue

StatusSold
MLS #20-572244
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.08 AC / 3,285 SF
CountyLos Angeles County

Location

Listing Courtesy of Kidder Mathews of California, Inc., Michael Jacobs, DRE #01979550

Sold By COMPLETE HOME REALTY, LUIS CORTEZ, DRE #01858363

Add your commute

Building Information for 541 Cerritos Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.08 AC / 3,285 SF

Payment Calculator

$5,115 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,101

Property Taxes

$1,014

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 541 Cerritos Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 1BR1BTH
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $61,576
  • Net Operating Income: $45,523.00
  • Gross Income: $63,480
  • Gross Rent Multiplier: $13.39
  • Total Annual Expense: 16052
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 3285
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Other
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-20-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,325.00
  • Unit Actual Rent: $1,325.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,325.00
  • Unit Actual Rent: $1,325.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,350.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,290.00
  • Unit Actual Rent: $1,290.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $223,720.00
  • Assessed Land Value: $470,995.00

Property History for 541 Cerritos Avenue

DateEvent & SourcePriceAppreciation
Nov 18, 2025

Withdrawn / Cancelled

CRMLS #AR25160658

$1,150,000—
Nov 18, 2025

Withdrawn / Cancelled

CLAW #AR25160658MR

—
Nov 18, 2025

Withdrawn / Cancelled

SDMLS #AR25160658

$1,150,000—
Aug 8, 2025

Price Change

CLAW #AR25160658MR

$1,150,000—
Jul 16, 2025

Listed (Active)

CLAW #AR25160658MR

$1,200,000—
Jul 16, 2025

Listed (Active)

CRMLS #AR25160658

$1,200,000—
Jul 16, 2025

Listed (Active)

SDMLS #AR25160658

$1,200,000—
Apr 24, 2024

Withdrawn / Cancelled

CRMLS #CV23108220

$1,175,000—
Apr 24, 2024

Withdrawn / Cancelled

SDMLS #CV23108220

—
Apr 24, 2024

Withdrawn / Cancelled

CLAW #CV23108220MR

—
Jun 21, 2023

Listed (Active)

SDMLS #CV23108220

$1,175,000—
Jun 21, 2023

Listed (Active)

CLAW #CV23108220MR

$1,175,000—
Jun 21, 2023

Listed (Active)

CRMLS #CV23108220

$1,175,000—
Jan 16, 2023

Withdrawn / Cancelled

SDMLS #CV22256909

—
Jan 16, 2023

Withdrawn / Cancelled

CLAW #CV22256909MR

—
Jan 16, 2023

Withdrawn / Cancelled

CRMLS #CV22256909

$1,248,999—
Jan 4, 2023

Price Change

CLAW #CV22256909MR

$1,248,999—
Jan 4, 2023

Price Change

CLAW #CV22256909MR

$1,249,000—
Dec 18, 2022

Price Change

CLAW #CV22256909MR

$1,250,000—
Dec 18, 2022

Price Change

CRMLS #CV22256909

$1,250,000—
Dec 18, 2022

Listed (Active)

SDMLS #CV22256909

$125,000—
Dec 18, 2022

Listed (Active)

CLAW #CV22256909MR

$125,000—
Dec 18, 2022

Listed (Active)

CRMLS #CV22256909

$125,000—
Aug 31, 2020

Sold

CLAW #20-572244

$830,000—
Aug 31, 2020

Sold

CRMLS #20572244

$830,000—
Aug 25, 2020

Sold (Public Record)

Public Record #676491722

$830,000

+10.5% / yr

May 12, 2020

Pending

CRMLS #20572244

—
May 12, 2020

Pending

CLAW #20-572244

—
May 12, 2020

Accepting Backup Offers

CRMLS #20572244

—
Apr 20, 2020

Listed (Active)

CLAW #20-572244

$850,000—
Apr 20, 2020

Listed (Active)

CRMLS #20572244

$850,000—
May 4, 2006

Sold (Public Record)

Public Record #195096054

$198,500

-31.4% / yr

Dec 15, 2003

Sold

CLAW #Y33981MR

$495,000—
Dec 15, 2003

Sold

CRMLS #CC237646

$495,000—
Dec 15, 2003

Sold

CRMLS #Y33981

$495,000—
Dec 10, 2003

Sold (Public Record)

Public Record #124953403

$490,000—
Nov 4, 2003

Pending

CRMLS #Y33981

—
Nov 4, 2003

Pending

CLAW #Y33981MR

—
Oct 4, 2003

Listed (Active)

CRMLS #Y33981

$495,000—
Oct 4, 2003

Listed (Active)

CLAW #Y33981MR

$495,000—
Oct 4, 2003

Listed (Active)

CRMLS #CC237646

$495,000—
DateEvent & SourcePrice
11/18/2025

Withdrawn / Cancelled

CRMLS #AR25160658

$1,150,000
11/18/2025

Withdrawn / Cancelled

CLAW #AR25160658MR

—
11/18/2025

Withdrawn / Cancelled

SDMLS #AR25160658

$1,150,000
08/08/2025

Price Change

CLAW #AR25160658MR

$1,150,000
07/16/2025

Listed (Active)

CLAW #AR25160658MR

$1,200,000
07/16/2025

Listed (Active)

CRMLS #AR25160658

$1,200,000
07/16/2025

Listed (Active)

SDMLS #AR25160658

$1,200,000
04/24/2024

Withdrawn / Cancelled

CRMLS #CV23108220

$1,175,000
04/24/2024

Withdrawn / Cancelled

SDMLS #CV23108220

—
04/24/2024

Withdrawn / Cancelled

CLAW #CV23108220MR

—
06/21/2023

Listed (Active)

SDMLS #CV23108220

$1,175,000
06/21/2023

Listed (Active)

CLAW #CV23108220MR

$1,175,000
06/21/2023

Listed (Active)

CRMLS #CV23108220

$1,175,000
01/16/2023

Withdrawn / Cancelled

SDMLS #CV22256909

—
01/16/2023

Withdrawn / Cancelled

CLAW #CV22256909MR

—
01/16/2023

Withdrawn / Cancelled

CRMLS #CV22256909

$1,248,999
01/04/2023

Price Change

CLAW #CV22256909MR

$1,248,999
01/04/2023

Price Change

CLAW #CV22256909MR

$1,249,000
12/18/2022

Price Change

CLAW #CV22256909MR

$1,250,000
12/18/2022

Price Change

CRMLS #CV22256909

$1,250,000
12/18/2022

Listed (Active)

SDMLS #CV22256909

$125,000
12/18/2022

Listed (Active)

CLAW #CV22256909MR

$125,000
12/18/2022

Listed (Active)

CRMLS #CV22256909

$125,000
08/31/2020

Sold

CLAW #20-572244

$830,000
08/31/2020

Sold

CRMLS #20572244

$830,000
08/25/2020

Sold (Public Record)

Public Record #676491722

$830,000

+10.5% / yr

05/12/2020

Pending

CRMLS #20572244

—
05/12/2020

Pending

CLAW #20-572244

—
05/12/2020

Accepting Backup Offers

CRMLS #20572244

—
04/20/2020

Listed (Active)

CLAW #20-572244

$850,000
04/20/2020

Listed (Active)

CRMLS #20572244

$850,000
05/04/2006

Sold (Public Record)

Public Record #195096054

$198,500

-31.4% / yr

12/15/2003

Sold

CLAW #Y33981MR

$495,000
12/15/2003

Sold

CRMLS #CC237646

$495,000
12/15/2003

Sold

CRMLS #Y33981

$495,000
12/10/2003

Sold (Public Record)

Public Record #124953403

$490,000
11/04/2003

Pending

CRMLS #Y33981

—
11/04/2003

Pending

CLAW #Y33981MR

—
10/04/2003

Listed (Active)

CRMLS #Y33981

$495,000
10/04/2003

Listed (Active)

CLAW #Y33981MR

$495,000
10/04/2003

Listed (Active)

CRMLS #CC237646

$495,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 541 Cerritos Avenue

Taxable ValueLand$584,513Additions$313,905Total$898,418
Tax Record2025$12,173 ($1,014 / month)
Home Facts
Total Finished SqFt1,980 SqFtAbove Grade Finished SqFt1,980 SqFtLot Size3,285 SqFtStyleQuadraplexYear Built1922ZoningLBR3SCountyLOS ANGELESAPN7266-007-002

Schools near 541 Cerritos Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Stevenson Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews of California, Inc., Michael Jacobs, DRE #01979550

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.