751 Cerritos Long Beach CA 90813 MLS #SB26056907

751 Cerritos
Long Beach, CA, 90813
$2,950,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #SB26056907 image #0
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.

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
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
$259,188
Net Operating Income
$184,052

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Apr 12, 2026
850
Single Family Listed
60
Avg DOM
432
Avg $ / SqFt
$1,039,018
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 $2,950,000 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 $432. The average listing price for Single Family in Long Beach is $1,039,018. To schedule a showing of MLS#sb26056907 at 751 Cerritos in Long Beach, CA, contact your The Knight Group LA agent at 503.200.4823.

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751 Cerritos
Long Beach, CA