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5920 Cerritos Ave, Long Beach, CA 90805

List Price: $785,000On Market FlagOn market
Jul 1, 20251,598 sqft4 beds3 baths
Listed by: Ibrahim Shakir
License #: 02045246
Phone #: (949) 378-1877
Power Brokers
Source:
CRMLS Logo
MLS #: 219132144DA

Property Description

Great opportunity for owner-users, investors, or developers! Whether you're looking to live in one unit and rent out the other, or add to your investment portfolio, this versatile property offers multiple income-producing options.The front house features 3 bedrooms, 2 bathrooms, and in-unit laundry. The back house is a 1 bedroom, 1 bathroom unit, also with laundry. Each unit has separate gas, water, and electric meters for added convenience.A long driveway provides parking for 3-4 cars, and there's an additional 1-car garage currently used as a rumpus room--a vacant, unpermitted 1-bedroom studio situated between the two units. This space presents potential for an ADU conversion (buyer to verify).Conveniently located near the 710 & 91 freeways with public transportation steps away, this is a rare find in a central area of Long Beach.Front House (3 bed/2 bath): Rented month-to-month for $3,000 (after 1-year lease)Back House (1 bed/1 bath): Rented month-to-month for $1,700 (after 1-year lease)Property is being sold as-is. Buyer to verify all permits and satisfy themselves regarding the condition and permitted use of the property.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,068

TurboHome Estimated Value

$728,100

$456 sqft

High Valuation
$764,505
$478/sqft
Normal Valuation
$728,100
$456/sqft
Low Valuation
$691,695
$433/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$456/sqft$728,100

Neighborhood: North Long Beach

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Comparative Value

$550K

$712K

$785K

$825K

$890K

1222 E 57th St, Long Beach, CA 90805

Sale Price: $550,000

Selected Comparable

5885 Olive Ave, Long Beach, CA 90805

Sale Price: $712,000

Selected Comparable

5920 Cerritos Ave, Long Beach, CA 90805

List Price: $785,000

Subject Property

5885 Brayton Ave, Long Beach, CA 90805

Sale Price: $825,000

Selected Comparable

6056 California Ave, Long Beach, CA 90805

Sale Price: $830,000

Selected Comparable

1672 E Phillips St, Long Beach, CA 90805

Sale Price: $890,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5920 Cerritos Ave, Long Beach, CA 90805

5920 Cerritos Ave, Long Beach, CA 90805

List: $785,000

Listed: 7/1/2025

Area:1,598 sqft
Price/sqft:$491
Beds:4
Baths:3
Year Built:
Lot Size:4,816

Comparable Properties

COMPARABLE
Choose comps
6056 California Ave, Long Beach, CA 90805

6056 California Ave, Long Beach, CA 90805

Sale: $830,000

7/1/20250.22 mi

Area:1,614 sqft
Price/sqft:$514
Beds:4
Baths:2
Year Built:
Weight:21.1%
1672 E Phillips St, Long Beach, CA 90805

1672 E Phillips St, Long Beach, CA 90805

Sale: $890,000

5/6/20250.45 mi

Area:1,820 sqft
Price/sqft:$489
Beds:4
Baths:3
Year Built:
Weight:20.4%
5885 Brayton Ave, Long Beach, CA 90805

5885 Brayton Ave, Long Beach, CA 90805

Sale: $825,000

7/19/20250.10 mi

Area:1,454 sqft
Price/sqft:$567
Beds:4
Baths:2
Year Built:
Weight:20.4%
1222 E 57th St, Long Beach, CA 90805

1222 E 57th St, Long Beach, CA 90805

Sale: $550,000

5/31/20250.26 mi

Area:1,672 sqft
Price/sqft:$329
Beds:4
Baths:2
Year Built:
Weight:20.0%
5885 Olive Ave, Long Beach, CA 90805

5885 Olive Ave, Long Beach, CA 90805

Sale: $712,000

8/22/20240.31 mi

Area:1,527 sqft
Price/sqft:$466
Beds:4
Baths:2
Year Built:
Weight:18.1%

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