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Listed by: Cameron Samimi (310) 259-7556 DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,100,000
Monthly Est:$10,452
15 Beds
8 Baths
6,074sqft
1720 Cerritos Ave, Long Beach, CA 90813
$2,100,000
$10,452/moEst:
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Apartment
Built in 1963
$-- HOA
5,198 sqft lot
$346/sq.ft
Description
Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month.
Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years.
1720 Cerritos Ave is located just outside 6 Billion dollars worth of development flooding into Downtown Long Beach, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block and Queen Mary Island.
- Houzeo last checked: 6 minutes ago
- Listing updated: May 19, 2026 at 7:38 am
- Source: California Regional MLS-CA | MLS#: SB26104879
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
6,074 sqft
Lot Size
5,198 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26104879
MLS Status
Active
Days on Market
172
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 8
Interior
Sewer
Public Sewer
Utilities & Energy
Laundry Features
Inside
Pool Features
None
Water Source
Public
Other Features
Community Features
Urban
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
05/19/2026 Source: | Listed for Sale | $2,100,000 $346/sqft |
05/13/2026 Source: | Coming Soon | $2,100,000 $346/sqft |
08/27/2025 Source: | Off Market | $2,100,000 -4.55% $346/sqft |
10/29/2024 Source: | Price Decreased | $2,200,000 -6.38% $362/sqft |
09/05/2024 Source: | Off Market | $2,350,000 +80.77% $387/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 07, 2026, 09:45AM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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