Signal Hill, CA 90755,2388 Cerritos AVE

$555,000

Est. payment /mo

$561,600

1.2%
Est.Price: ?

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2388 Cerritos AVE Signal Hill, CA 90755

3 Beds

1 Bath

1,140 SqFt

SOLD DATE : 01/17/2023

Key Details

Sold Price $555,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,140 sqft

Price per Sqft $486

Subdivision Signal Hill (Sh)

MLS Listing ID PW22246912

Sold Date 01/17/23

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1947

Lot Size 6,503 Sqft

Acres 0.1493

Property Description

*** SIGNAL HILL SFR ZONED R2 WITH UPSIDE POSSIBILITIES*** Why just purchase a SFR… why not purchase a SFR with the opportunity to ADD VALUE and put $$ in your pocket NOW?! This Bungalow currently features two bedrooms with 1.5 baths (NOTE the tax roll shows 3 bedrooms/1 bath in spite of my research at the city and tax assessor’s office I cannot add clarity). BUYER TO SATISFY THEMSELVES; SEE AGENT COMMENTS. Although this property has huge possibilities, The existing structure has some issues that will limit financing types (CASH, REHAB LOAN OR HARD MONEY ARE IDEAL): the current living room has been unprofessionally divided by a wall, the kitchen ceiling is bubbling from a current roof leak and the inside laundry room is missing the ceiling; apparently from the roof leaking. What appears to originally have been the garage has been converted to a room; it could be a 3rd bedroom, but it is missing closets and has a back door opening to a 2-car open concrete parking slab off the alley. Also, there is a fairly substantial amount of cracking noted along the ground level of the stucco at front could indicate foundation issues? There is also a small BASEMENT located at the front door entry. The property has two water heaters. The subject is located within a ½ block from what appears to be light manufacturing property. Subject is also located within close proximity of transportation, shopping and entertainment. ***HURRY – THIS UNIQUE OPPORTUNITY WILL NOT LAST LONG!***

Location

State CA

County Los Angeles

Area 8 - Signal Hill

Zoning SHR2

Rooms

Main Level Bedrooms 3

Ensuite Laundry Laundry Room, Outside

Interior

Laundry Location Laundry Room,Outside

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room, Outside

Exterior

Pool None

Community Features Curbs, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Unknown

Water See Remarks

Level or Stories One

New Construction No

Schools

School District See Remarks

Others

Senior Community No

Tax ID 7211019010

Acceptable Financing Cash, FHA203k

Listing Terms Cash, FHA203k

Financing Cash

Special Listing Condition Real Estate Owned

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California Regional MLS (CRMLS)
Listed by Mike Potier • Boardwalk Properties
Bought with Ruben Sanchez • Compass

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

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