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751 Cerritos, Long Beach, CA 90813

Long Beach
Local realty services provided by:CENTURY 21 Affiliated
751 Cerritos,Long Beach, CA 90813
$2,825,000
  • 7 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26056907
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,825,000

About this home

HIGHEST CAP RATE & LOWEST PRICE PER DOOR 1980s-CONSTRUCTION APARTMENT BUILDING IN LONG BEACH Pride of Ownership 1980s Construction asset offering a current 6.63% CAP Rate and 10.51 GRM. Priced at only $283,000 per unit, 751 Cerritos Ave stands out as the lowest price-per-door opportunity among comparable 1980s-built apartment buildings in Long Beach, making it an exceptional opportunity for investors seeking strong cash flow, quality construction, and long-term upside. 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...

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Home facts

  • Listing ID #:SB26056907
  • Added:92 day(s) ago
  • Updated:June 17, 2026 at 02:02 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:8

Structure and exterior

  • Levels:3 Story

Finances and disclosures

  • Price:$2,825,000
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