751 Cerritos
Long Beach, CA, 90813
$2,850,000
Beds
0 Baths
0 SqFt
0.17 Acres
Add
MLS #SB26056907 image #0
Pride of Ownership, 80’s Construction – Current 6.56% CAP Rate and 10.60 GRM. Priced at only $285k/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.

Property Details

Price:
$2,850,000
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
4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeach

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Schools

Interior

Laundry Features
NO
Levels
C

Exterior

Common Walls
_2CW
Community Features
URB

Financial

Gross Operating Income
$260,806
Net Operating Income
$186,853

Map

Community

Market Summary

Current real estate data for Single Family in Long Beach as of May 01, 2026
1,128
Single Family Listed
62
Avg DOM
454
Avg $ / SqFt
$1,043,868
Avg List Price

Property Summary

    751 Cerritos Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $2,850,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1987. The average price per square foot for Single Family listings in Long Beach is $454. The average listing price for Single Family in Long Beach is $1,043,868.

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