751 Cerritos, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Champions
751 Cerritos,Long Beach, CA 90813
$2,850,000
- - 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:$2,850,000
- Price per sq. ft.:$410.78
About this home
Pride of Ownership, 80's Construction - Current 6.56% CAP Rate and 10.60 GRM. Priced at only $285k/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.
Contact an agent
Home facts
- Year built:1987
- Listing ID #:SB26056907
- Added:58 day(s) ago
- Updated:May 14, 2026 at 10:41 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:$2,850,000
- Price per sq. ft.:$410.78
Parking
- Parking description:One Space
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