751 Cerritos Avenue, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
751 Cerritos Avenue,Long Beach, CA 90813
$2,990,000
  • - Beds
  • - Baths
  • 6,938 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25193309
Source:CRMLS

Price summary

  • Price:$2,990,000
  • Price per sq. ft.:$430.96

About this home

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 - one 2Bed+2Bath unit is currently vacant. 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. T he 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.

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Home facts

  • Year built:1987
  • Listing ID #:SB25193309
  • Added:96 day(s) ago
  • Updated:December 02, 2025 at 11:46 AM

Rooms and interior

  • Living area:6,938 sq. ft.

Structure and exterior

  • Year built:1987
  • Building area:6,938 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,990,000
  • Price per sq. ft.:$430.96
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