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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)
| DAYS ON MARKET | 80 | LAST UPDATED | 2/9/2026 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | 6 - Bixby, Bixby Knolls, Los Cerritos |
| GARAGE SPACES | 2.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Feb 9, '26 | $2,125,000 |
|---|---|
| Feb 9, '26 - Today | $1,997,500 |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 6 - Bixby, Bixby Knolls, Los Cerritos |
| CONSTRUCTION | Frame, Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s) |
| LOT | 8002 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 8004 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/20/26 6:55 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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