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Listed by: Cameron Samimi DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,990,000
18 Beds
18 Baths
--sqft
751 Cerritos Ave, Long Beach, CA 90813
$2,990,000
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Apartment
Built in 1987
$-- HOA
7,338 sqft lot
--/sqft
Description
Pride of Ownership, 80's Construction - Current 5.80% CAP Rate and 11.62 GRM. Priced at only $300k/unit, 751-753 Cerritos Ave is the ideal opportunity for any investor looking for a well-maintained asset with strong cash flow. The property is comprised of (8) 2Bed+2Bath and
(2) 1Bed+1Bath units. Fully Occupied.
A handful of units have been renovated, including new floors, cabinets, appliances, bathrooms and fixtures. There is ample tuck-under parking and a laundry room on site. The subject property 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...
- Houzeo last checked: 19 Minutes ago
- Listing updated: December 3, 2025 at 9:12 pm
- Source: California Regional MLS-CA | MLS#: SB25193309
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1987
HOA Fees
-
Finished Area
- sqft
Lot Size
7,338 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25193309
MLS Status
Active
Days on Market
100
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