751 Cerritos Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
751 Cerritos Avenue,Long Beach, CA 90813
$2,990,000
- 7 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cameron samimi
Office:lyon stahl investment real estate, inc.
MLS#:SB25193309
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,990,000
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
- Listing ID #:SB25193309
- Added:44 day(s) ago
- Updated:October 11, 2025 at 01:58 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
Finances and disclosures
- Price:$2,990,000
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