4622 E Cervato
Long Beach, CA, 90815 $ 1,795,000
Bedrooms-- Baths-- Sq 2,060 Monthly Estimate*
$ 11,052
Listed by Realty Executives All Cities
for $1,795,000. This 2,060 square foot building was built in 1943 on a lot size of 0.1455.
Residential Care Facility for the Elderly (RCFE) Business Opportunity Included in Sale Price: This established and currently operating private-pay assisted living facility presents a unique opportunity for owner-users and investors alike. The existing RCFE business operation, including business goodwill, furnishings, operational components, and existing business assets, is included in the sale price unless otherwise specified. The facility is currently generating approximately $50,435.00 in gross monthly revenue. Buyer to request and independently verify all financial information, licensing requirements, zoning regulations, transfer requirements, operational matters, as part of their due diligence. Located in the highly desirable Artcraft Manor/Los Altos area of East Long Beach, this well-maintained single-story residence offers a spacious and functional floor plan on a generously sized residential lot. Featuring approximately 2,060 square feet of living space situated on a 6,340 square foot lot, the property showcases attractive curb appeal, an expansive driveway, and a warm residential setting. Interior features include spacious living and gathering areas, updated flooring, remodeled bathrooms, abundant natural light, and flexible room configurations designed to accommodate a variety of residential or assisted-living uses. The practical layout provides comfort, functionality, and versatility. Ideally located near California State University, Long Beach, shopping, dining, parks, golf courses, and convenient access to major transportation corridors including the Interstate 405, Interstate 605, and State Route 22. Rare opportunity to acquire an income-producing residential care operation together with real property in one of East Long Beach's most desirable and established neighborhoods
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FeaturesGeneralCooling Central Air
Year Built 1943
Property Subtype Business
County Los Angeles
Net Operating Income 225420
Operating Expense 379800
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions STEARN AND COYOTES
City Long Beach
Number Of Units Total 1
MLS Area 34 - Los Altos X-100
Lot Size Units Square Feet
Lot Size Square Feet 6340
Number of Units Leased 8
Listing Terms Cash to Existing Loan
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Business
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InteriorTotal Stories 1
Air Conditioning Y/N true
Laundry Features Inside
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 6340
Number of Buildings 1
Building Area Total 2060
Lot Size Acres 0.1455
Lot Size Source Assessor
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* Excluded FeaturesList ByRealty Executives All CitiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,052
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Long Beach, CA
Average List Price $1,801,065
Percent of Sale Price 0%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/19/2026 | $1,795,000 | | Listed Price |