4622 E Cervato St, Long Beach, CA, 90815
About This Home
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
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1943
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Inside
Bathroom
- Features: Quartz Counters
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 6
Cooling
- Cooling features: Central Air
Features
- All Bedrooms Down
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior Area
- Total interior livable area: 2,060 sqft
Property
Details
- Parcel number: 7219017025
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: FRONT
- Pool features: None
Lot
- Lot size: 6,340 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,076 | $108,912 |
| Home Insurance * | $208 | $2,496 |
| Property Taxes | $2,019 | $24,228 |
| Electricity | $441 | $5,300 |
| Total | $11,744 | $140,928 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-19 | Listed for sale | $1,795,000 |
| 2017-08-18 | Sold | $650,000 |
| 2017-06-18 | Pending sale | $685,000 |
| 2017-05-13 | Listed for sale | $685,000 |
| 2001-03-26 | Sold | $265,000 |
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