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Listed by: Cameron Samimi DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,100,000
15 Beds
8 Baths
--sqft
1720 Cerritos Ave, Long Beach, CA 90813
$2,100,000
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Apartment
Built in 1963
$-- HOA
5,198 sqft lot
--/sqft
Description
Current 6.93% Cap Rate and 10.20 GRM! Meticulously
remodeled with high-end finishes. Come see this
beautiful 7 unit building with best unit mix you can ask
for. 1720 Cerritos is comprised of (6) 2Bed+1Bath and
(1) 3Bed+1.5Bath units. Two units are currently vacant
and 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 ...
- Houzeo last checked: 14 Minutes ago
- Listing updated: November 14, 2025 at 3:42 pm
- Source: California Regional MLS-CA | MLS#: SB25193240
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
5,198 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25193240
MLS Status
Active
Days on Market
114
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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