753 Cerritos, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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753 Cerritos,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#:SB25049974
Source:SANDICOR

Price summary

  • Price:$2,990,000

About this home

Pride of Ownership, 80's Construction - Current 5.86% CAP Rate and 11.62 GRM. Priced at only $300k/unit, 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 #:SB25049974
  • Added:161 day(s) ago
  • Updated:August 15, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7

Finances and disclosures

  • Price:$2,990,000
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