753 Cerritos

Long Beach, CA 90813

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,938 Sqft
  • 7338
    Sqft(Lot)
$2,990,000

Description

Pride of ownership, 80's construction - current

5.86% cap rate and 11.62 grm. priced at only

$300k/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 - 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48927469

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1987
    • Building Area Total: 6,938

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1685
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7338

  • Listing Price Information

    • Original List Price: 2,990,000
    • Listing Contract Date: 2025-03-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7266004043

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: Off of Alamitos Ave and E 7th St
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 38
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 07/10/2025 @ 17:49

  • MLS: SB25049974
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,938 sqft, 7,338 sized lot, and 0 parking. are nearby neighborhoods.