751 Cerritos, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
751 Cerritos,Long Beach, CA 90813
$2,950,000
- - Beds
- - Baths
- 6,938 sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26056907
Source:CRMLS
Price summary
- Price:$2,950,000
- Price per sq. ft.:$425.19
About this home
Pride of Ownership, 80's Construction - Current 6.24% CAP Rate and 11.04 GRM. Priced at only $295k/unit, 751 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.
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.
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Home facts
- Year built:1987
- Listing ID #:SB26056907
- Added:1 day(s) ago
- Updated:March 17, 2026 at 11:44 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
- Levels:Three Or More
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,950,000
- Price per sq. ft.:$425.19
Parking
- Parking description:One Space
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