Property Details
About this Property
Pride of Ownership, 80's Construction - Current 6.24% CAP Rate and 11.04 GRM. Priced at only $295k/unit, 751 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. 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.
MLS Listing Information
MLS #
CRSB26056907
MLS Source
California Regional MLS
Days on Site
9
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Parking Area, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
751 Cerritos is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 7,338 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,950,000 and was built in 1987. This address can also be written as 751 Cerritos, Long Beach, CA 90813.
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This listing information is up-to-date as of March 17, 2026. For the most current information, please contact Cameron Samimi
