Property Detail

Description

1168 E. 37th Street and 3654 Cerritos Avenue is a rare trophy Spanish-style multifamily property located on the prominent corner of 37th Street and Cerritos Avenue in the highly desirable California Heights Historic District. Situated on a large 8,037 square foot corner lot, this architecturally charming property is legally permitted as a triplex and is currently utilized as a four-unit rental property, offering a unique blend of character, lifestyle amenities, and income potential in one of Long Beachs most sought-after neighborhoods. The property 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 beautifully remodeled 2-bedroom, 1-bath residence and will be delivered vacant on January 9th, making it ideal for an owner-user or for repositioning at market rents. The home is equipped with mini-split HVAC, in-unit washer and dryer, solar panels to offset electricity costs, and a private Jacuzzi, offering a true lifestyle component rarely found in multifamily properties. The front house also has exclusive use of the rear garage. 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 property is further enhanced by a large detached two-car garage, half of which has been thoughtfully built out as