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CC-2044 · Rental Hold · Los Angeles County
4820 Cerritos Ave.
Long Beach, CA · APN 7208-004-011 · $615,000 ask
BBUY (WITH CAVEATS)LOI Sent5d in stage
Next action: Seller counter due Fri — confirm 45-day escrow · owner Lani Jovicic · RentCast · 11h ago
Ask price
$615,000
Rent (verified)
$4,950/mo
Lease on file
Cap rate
5.97%
DCR
1.01
Property record
- Beds / Baths
- 6 / 4
- Building sqft
- 2,640
- Year built
- 1962
- Units
- 2
- Strategy
- Rental Hold
- Assessed taxes
- $7,688
Record assembled from PropertyRadar, county records, and Regrid. RentCast · 11h ago
Decision summary
A duplex that works on verified rents, not projected ones. Grade B with caveats: DCR clears the lender threshold but leaves little room for a vacancy shock, so the 45-day escrow and a $12,000 repair credit are what turn this from acceptable into good.
Assigned team
- LJLani JovicicDeal owner
- LJLani JovicicDesignated Broker · supervisory review
- DHDavid HamiltonGeneral Counsel · doc review
Compliance gates
- Doc D · AI Analysis Consent
- Doc G · Investment Disclaimer
- Doc M · AI Analysis Disclosure
- Doc O · Fair Housing Notice
- Doc P · AML (≥$10K cash)