$2,900,000

753 Cerritos Avenue, Long Beach, CA 90813

7 beds |
7 baths

Multi-Family Home
Built in ——
7,340sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: July 22, 2026
Data Last Updated:: August 24, 2026 at 7:12AM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Cameron Samimi : 310-259-7556
MLS ID:: SB26159474

Pool: N/K

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7266004043

Source: California Regional MLS

This listing courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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