753 Cerritos Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
753 Cerritos Avenue,Long Beach, CA 90813
$2,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26159474
Source:CRMLS
Price summary
- Price:$2,900,000
About this home
Pride of Ownership, 80's Construction - Current 6.57% CAP Rate and 10.42 GRM. Priced at only $290K/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. 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 #:SB26159474
- Updated:July 22, 2026 at 02:38 AM
Structure and exterior
- Year built:1987
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,900,000
Features and amenities
- Laundry features:Common Area
Parking
- Parking description:Carport
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