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Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, Listing Contact: 310-259-7556

$2,900,000

753 Cerritos Avenue, Long Beach CA, 90813

Price per sqftN/A
Built in1987
Property typeMulti-family

Overview

Active

Listed Jul 22, 2026

Updated 9 days ago

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.

$19,294/mo

Est. mortgage payment based on a $2,900,000 home price.

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

Additional information

MLS® ID
CRSB26159474

Interior Features

Basement
No

Exterior Features

Lot Size
0.17 Acres
MLS provider logo

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi DRE:02035763,
Listing Contact: 310-259-7556 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Real Estate Specialist Bay Area | CA DRE# 02201784 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Real Estate Specialist Bay Area | CA DRE# 02201784 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:37 PM UTC, 9/28/2026

 

 

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