Homes for sale - 1168 E 37th, Long Beach, CA 90807

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,125,000

Est. payment - /mo

8,001 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25281680

HOA Y/N No

Year Built 1925

Lot Size 8,001 Sqft

Property Sub-Type Quadruplex

Property Description

Coming soon to the market, 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 Beach's 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 a dance studio, while still allowing parking for two vehicles. The garage also includes a private sauna, adding another premium amenity to this one-of-a-kind asset. 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)

Location

State CA

County Los Angeles

Area 6 - Bixby, Bixby Knolls, Los Cerritos

Interior

Interior Features All Bedrooms Down, Utility Room

Heating Fireplace(s)

Cooling Ductless

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Parking Features Assigned

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Clay

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7146015001

Energy Description 75.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/56ol2468f1211mfm8

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Listed by Juan Huizar Sage Real Estate Group, Inc. 562-307-0838

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