3654 Cerritos, Long Beach, CA 90807

Description

You have just discovered a UNIQUE opportunity to own a single family home with 3 additional detached units. 3654 Cerritos Avenue is a rare, Spanish-style, multifamily "trophy" property located on the prominent corner of 37th Street and Cerritos Avenue in the highly desirable California Heights Historic District. Situated on a large 8,004 square foot corner lot, this architecturally charming property is legally permitted as a triplex but is currently utilized as a four-unit rental property. It features a detached Spanish-style front house, a detached duplex, and an additional non-conforming studio, creating a flexible and compelling investment or owner-user opportunity. The front house is a 2-bedroom, 1-bath residence that has retained much of its original character and architectural details, reflecting to the craftsmanship of the era. The kitchen and bathroom have been tastefully updated, blending modern functionality with the homes classic style. It comes equipped with mini-split HVAC, washer and dryer and solar panels to offset electricity costs. The beautifully landscaped front and back yards are utilized exclusively by the primary house and offer a serene, retreat-like oasis, featuring a jacuzzi, tranquil water fountain, and a charming cabana-ideal for outdoor relaxation or entertaining. The front house also has exclusive use of the rear 2 car garage, which has been designed to include a dance studio and sauna. Behind the main residence is a detached duplex, consisting of two 1-bedroom, 1-bath units, each featuring mini-split HVAC systems and in-unit washer and dryers. In addition, there is a non-conforming studio, also equipped with mini-split HVAC and in-unit laundry, which is currently vacant. The flexible unit mix also creates exciting optionality for buyers seeking to maximize income through short-term rental (Airbnb) or mid-term rental strategies (buyer to verify), while still offering an ideal layout for multigenerational living, extended family arrangements, or a live-in owner who wants additional rental income. Current Rent Roll: 2 Bed / 1 Bath (Front House): $4,895/month (now vacant) , 1 Bed / 1 Bath: $1,883/month / 1 Bed / 1 Bath: $2,250/month / Studio (Non-Conforming): $1,800/month (vacant)

Features

​​​​​​​

• 0.18 Acres
• 1 Story