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8-Unit Multifamily with Laundry
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621 Cerritos Ave, Long Beach, CA 90802

Built in 1958, this 8-unit property features one-bedroom units, surface parking, security doors, and on-site laundry.

Property SizeContact for details
Days on Market126

Property Features for 621 Cerritos Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

security doors
surface parking
on-site laundry

Building Details

Year Built 1958
Listing Agency: Marcus & Millichap - Orange County
Listed By: Tyler Leeson · License #CA 01451551
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

This 8-unit multifamily property at 621 Cerritos Avenue was built in 1958 and consists exclusively of one-bedroom units. Building amenities include security doors, on-site laundry, and surface parking.

The offering is located in Long Beach, California, in Los Angeles County. Public remarks note drive-by only instructions, and prospective buyers are asked not to walk the property or disturb residents.

The listing also highlights potential to add up to two accessory dwelling units, subject to applicable rules and approvals. Please contact the listing agent for details and next steps.

Key Highlights

  • 8‑unit multifamily property at 621 Cerritos Avenue in Long Beach, CA
  • Built in 1958 with all units being 1‑bedroom
  • Includes security doors

Property Analytics

Current Use

Armstrong International Marketing & Advertising

Suggested Use

Top Pick Carpet & Flooring Store Daycare Center Storage Facility Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,194
Businesses Nearby

Demographics for 90802, CA

41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1958, this 8-unit property features one-bedroom units, surface parking, security doors, and on-site laundry.
Where is this apartment building located?
The property is located at 621 Cerritos Ave Long Beach, CA.
What are key features of this property?
This property features: 8‑unit multifamily property at 621 Cerritos Avenue in Long Beach, CA; Built in 1958 with all units being 1‑bedroom; Includes security doors
(949) 419-3200 Call to check price and availability
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