751 Cerritos, Long Beach, CA 90813
- 6,938 sqft
Rental
Built in 1987
7,340sqft lot
—— car garage
$407/sqft
Listed 3 months ago
Property Description
HIGHEST CAP RATE & LOWEST PRICE PER DOOR 1980s-CONSTRUCTION APARTMENT BUILDING IN LONG BEACH Pride of Ownership 1980s Construction asset offering a current 6.88% CAP Rate and 10.17 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 Queen Mary Island.
- Listing Status:
- Active
- Date Added:
- March 17, 2026
- Data Last Updated:
- July 5, 2026 at 7:17AM
- Listing Office:
- Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
- Listing Agent:
- Cameron Samimi : 310-259-7556
- MLS ID:
- SB26056907

- Pool: None
- Parking: One SpaceParking spaces: 0
- General: 3
- Originating MLS: CRMLS_CRM
- County: Los Angeles
- Zoning: 7266004043
- Water: Public
- Sewer: Public Sewer
- Source: CRMLS_CRM
This listing courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.





