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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
Monthly Est:$14,434
18 Beds
18 Baths
9,600sqft
753 Cerritos Ave, Long Beach, CA 90813
$2,900,000
$14,434/moEst:
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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 Downtown Village, Broadway Block and Queen Mary Island.
- Houzeo last checked: 7 minutes ago
- Listing updated: July 22, 2026 at 9:43 pm
- Source: California Regional MLS-CA | MLS#: SB26159474
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
98
Cumulative Days on Market
108
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 18
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Pool Features
None
Parking Features
Carport
Laundry Features
Common Area
Other Features
Lot Features
Zero To One Unit Acre
Tenant Pays
Electricity, Gas
Community Features
Urban
Price History
| Date | Event | Price |
|---|---|---|
07/22/2026 Source: | Listed for Sale | $2,900,000 $302/sqft |
07/21/2026 Source: | Coming Soon | $2,900,000 $302/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 03:45AM 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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