GREAT INVESTMENT OPPORTUNITY!!! This wonderful craftsman property features 4 units located in the highly desirable Alamitos Bay area of Downtown Long Beach. The property consists of four one bedroom, one bathroom units that are about 500 square feet and have been well maintained. The floors and kitchens have recently been updated. The property boasts a walk score of 92 and a bike score of 93 and is located within walking distance from all the best that Downtown Long Beach has to offer. All the units are individually metered for electricity and gas with individual water heaters for each unit.
For sale
Listing Provided by:
Brian Franklin DRE #01889950 626-825-9971,
AGNS Realty Inc.
Price cut: $50K (8/8)
$1,150,000
541 Cerritos Ave, Long Beach, CA 90802
4beds
4baths
1,980sqft
Est.:
Quadruplex
Built in 1922
-- sqft lot
$1,139,200 Zestimate®
$581/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 405 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 09:37am
Listing Provided by:
Brian Franklin DRE #01889950 626-825-9971,
AGNS Realty Inc.
Source: CRMLS,MLS#: AR25160658
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
Property
Parking
- Parking features: None, On Street
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 3,285 Square Feet
- Features: Corner Lot
Details
- Parcel number: 7266007002
- Zoning: LBR3S
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $581/sqft
- Tax assessed value: $880,802
- Annual tax amount: $11,655
- Date on market: 7/16/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Trash Collection
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