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Listed by: Cameron Samimi (310) 259-7556 DRE #02035763 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$2,900,000
18 Beds
18 Baths
9,600sqft
753 Cerritos Ave, Long Beach, CA 90813
$2,900,000
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Apartment
Built in 1987
$-- HOA
7,338 sqft lot
$302/sq.ft
Description
Pride of Ownership, 80's Construction - Current 6.57% CAP Rate and 10.42 GRM. Priced at only $290K/unit, 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. 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 Project, CSULB Dow...
- Houzeo last checked: 1 minute ago
- Listing updated: July 22, 2026 at 9:43 pm
- Source: California Regional MLS-CA | MLS#: SB26159474
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
9,600 sqft
Lot Size
7,338 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26159474
MLS Status
Active
Days on Market
53
Cumulative Days on Market
108
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