Home | Los Angeles County | Long Beach | 90813 | 751 Cerritos
MLS: CRSB26056907 | Status: | Price: $2,950,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,338 | 1987 |
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.
| Field | Value |
|---|---|
| MLS # | CRSB26056907 |
| MLS Source | California Regional MLS |
| Days on Site | 39 |
| Feature | Details |
|---|---|
| Laundry | None |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: 0 Car(s) |
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Franklin Classical Middle School | public | 6-8 | 0.18 mi | 4 |
| Lincoln Elementary School | public | K-5 | 0.34 mi | 7 |
| Stevenson Elementary School | public | K-5 | 0.37 mi | 5 |
| Renaissance High School For The Arts | public | 9-12 | 0.69 mi | 8 |
| International Elementary School | public | K-5 | 0.70 mi | 5 |
| Polytechnic High School | public | 9-12 | 0.79 mi | 7 |
| Burbank Elementary School | public | K-5 | 0.81 mi | 7 |
| Roosevelt Elementary School | public | K-5 | 0.82 mi | 5 |
| Whittier Elementary School | public | K-5 | 0.93 mi | 5 |
| Washington Middle School | public | 6-8 | 1.14 mi | 4 |
| Alvarado Elementary School | public | K-5 | 1.20 mi | 9 |
| Robinson Academy | public | K-8 | 1.20 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 1.27 mi | 3 |
| Educational Partnership High School | public | 9-12 | 1.28 mi | 3 |
| Willard Elementary School | public | K-5 | 1.28 mi | 3 |
| Edison Elementary School | public | K-5 | 1.31 mi | 3 |
| Lee Elementary School | public | K-5 | 1.38 mi | 6 |
| Chavez Elementary School | public | K-5 | 1.39 mi | 6 |
| Mann Elementary School | public | K-5 | 1.55 mi | 7 |
| Burnett Elementary School | public | K-5 | 1.55 mi | 4 |
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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.