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.
AGENT: Cameron Samimi LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.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.
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 751 Cerritos
Long Beach, CA
Property Details
Price:
$2,950,000
MLS #:
SB26056907
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Mar 17, 2026
Total Sq Ft:
6,938
Lot Size:
7,338 sqft / 0.17 acres (approx)
Year Built:
1987
See this Listing
Schools
Interior
Laundry Features
NO
Levels
C
Exterior
Common Walls
_2CW
Community Features
URB
Financial
Map
Community
- Address751 Cerritos Long Beach CA
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
