Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
6,938 sqft

$2,990,000

751 Cerritos Avenue, Long Beach CA, 90813

Price per sqft$430.96
Built in1987
Property size6,938 sqft
Property typeCondominium
test courtesy

Overview

Active

Listed Aug 27, 2025

Updated Apr 10

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.

$19,893/mo

Est. mortgage payment based on a $2,990,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB25193309

Exterior Features

Lot Size
0.17 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 7:46 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. 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.

 

©2026  CA - California Regional Multiple Listing Service, Inc. (CRMLS). All rights reserved.

Powered by Luxury Presence