751 Cerritos, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
751 Cerritos,Long Beach, CA 90813
$2,825,000
  • - Beds
  • - Baths
  • 6,938 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26056907
Source:CRMLS

Price summary

  • Price:$2,825,000
  • Price per sq. ft.:$407.18

About this home

HIGHEST CAP RATE & LOWEST PRICE PER DOOR 1980s-CONSTRUCTION APARTMENT BUILDING IN LONG BEACH Pride of Ownership 1980s Construction asset offering a current 6.63% CAP Rate and 10.51 GRM. Priced at only $283,000 per unit, 751 Cerritos Ave stands out as the lowest price-per-door opportunity among comparable 1980s-built apartment buildings in Long Beach, making it an exceptional opportunity for investors seeking strong cash flow, quality construction, and long-term upside. 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. 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,...

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Home facts

  • Year built:1987
  • Listing ID #:SB26056907
  • Added:101 day(s) ago
  • Updated:June 25, 2026 at 03:07 PM

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
  • Levels:Three Or More

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,825,000
  • Price per sq. ft.:$407.18

Parking

  • Parking description:One Space
Based on information from California Regional Multiple Listing Service, Inc. as of June 26, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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