753 Cerritos Avenue, Long Beach, CA 90813

Long Beach
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
  • 9,600 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26159474
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$302.08

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. 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
  • Added:94 day(s) ago
  • Updated:October 24, 2026 at 11:28 AM

Rooms and interior

  • Living area:9,600 sq. ft.

Structure and exterior

  • Year built:1987
  • Building area:9,600 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$302.08

Parking

  • Parking description:Carport
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