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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
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 6.67% 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 - ...
- Houzeo last checked: 32 minutes ago
- Listing updated: May 19, 2026 at 7:38 am
- Source: California Regional MLS-CA | MLS#: SB26104879
Part of
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
SB26104879
MLS Status
Active
Days on Market
80
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
