- 18 Beds
- 18 Baths
- .17 Acres
- 87 DOM
751 Cerritos Avenue
Pride of Ownership, 80's Construction - Current 5.80% CAP Rate and 11.62 GRM. Priced at only $300k/unit, 751-753 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.
Essential Information
- MLS® #SB25193309
- Price$2,990,000
- Bedrooms18
- Bathrooms18.00
- Acres0.17
- Year Built1987
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address751 Cerritos Avenue
- Area699 - Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Amenities
- ParkingCarport
- GaragesCarport
- PoolNone
Interior
- # of Stories3
Exterior
- Lot DescriptionZeroToOneUnitAcre
Additional Information
- Date ListedAugust 27th, 2025
- Days on Market87
Listing Details
- AgentCameron Samimi
Office
Lyon Stahl Investment Real Estate, Inc.
Cameron Samimi, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2025 at 8:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.