420 Cerritos Avenue, Long Beach, California 90802, Long Beach, 90802 - 3 bed, 3 bath
420 Cerritos Avenue
Long Beach, California 90802
Property Price
SUMMARY
Analysis of 420 Cerritos Avenue, Long Beach, California 90802 reveals a Fairly Priced Property with a current list price of $745,000 aligned with the estimated $723,487 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Cerritos Avenue Subject | $745,000* List Price | 3 | 3 | 1,747 | $414 | - |
A 624 Cedar Avenue Sold | $699,900 | 3 | 2 | 1,656 | $423 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2003, this property is move-in ready and benefits from fresh interior and exterior paint. While the kitchen and bathrooms feature some original builder-grade elements like tile countertops and standard cabinetry, the home is well-maintained with functional major systems including central HVAC and an attached 2-car garage. It meets the criteria for a well-kept, turnkey residence that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of Alamitos Beach, the property offers exceptional walkability to the East Village Arts District, Retro Row, and the scenic Long Beach shoreline.
- Modern Construction & Amenities
Built in 2003, this home features rare-for-the-area assets including central HVAC and an attached 2-car garage, providing modern convenience in a historically dense neighborhood.
- Turnkey Condition
The residence is move-in ready with fresh interior and exterior paint, a spacious 1,747 sq ft floor plan, and abundant cabinet storage throughout.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1816, living area = 1747.
- Minimal Outdoor Space
With a lot size of only 1,816 sq ft, the property offers very limited private yard or outdoor living area, which is a common trade-off for the urban beach location.
- Lack of Scenic Views
Despite its proximity to the Pacific Ocean and local parks, the property does not offer any significant views, which may impact its competitive appeal compared to other coastal listings.
About 420 Cerritos Avenue
Welcome to 420 Cerritos Ave, Long Beach, CA 90802 — a spacious 3-bedroom, 3-bath home offering 1,747 sq ft of well-designed living space in the heart of Alamitos Beach. Freshly painted inside and out, this home features central HVAC, an attached 2-car garage, and abundant cabinet space throughout. The thoughtful floor plan provides generous living areas ideal for both everyday comfort and entertaining, with well-sized bedrooms and functional flow across all levels. Located just minutes from the East Village Arts District and the shoreline, this property offers exceptional access to some of Long Beach’s most vibrant destinations. Enjoy easy access to Retro Row, the Broadway Corridor, Bixby Park, Bluff Park, and the scenic paths along the Pacific Ocean. Experience coastal living at its finest with proximity to the beach, local cafes, restaurants, and the vibrant nightlife of Downtown Long Beach. The area continues to see recent infrastructure improvements along Cerritos Ave, along with enhancements to local area schools, further adding to the neighborhood’s appeal and long-term value. Whether you're a first-time buyer, looking for a second home near the coast, or seeking a strong investment opportunity, this Alamitos Beach property blends comfort, convenience, and city charm in one of Long Beach’s most desirable locations. Contact your Realtor to schedule a tour and make an offer today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 1,816 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Stevenson Elementary School
Grades K-5 • 0.3 mi
Burbank Elementary School
Grades K-5 • 0.8 mi
Franklin Classical Middle School
Grades 6-8 • 0.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,747 | 1,469 | 80% |
| Lot Size | 1,816 | 4,074 | 40% |
| Price | $745.0K | $799.9K | 40% |
| Price per sq ft | $426 | $635 | 40% |
| Built year | 2003 | 1907 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 126 | 20% |
Pricing History
Listed for Sale
Feb 27, 2026
$745,000
$765,000
-3% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$765,000
Initial Listing
Sold
Apr 27, 2017
$475,000
Public Record
Sold
May 29, 2012
$266,000
Public Record
Sold
Aug 23, 2004
$385,000
Public Record
Sold
Aug 25, 2003
$55,000
Public Record
Sold
Jul 23, 2003
$8,000
Public Record