CA > Long Beach
Long Beach, CA 90813,753 Cerritos
Long Beach, CA 90813,753 Cerritos
Long Beach, CA 90813,753 Cerritos
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$3,200,000
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6,938 SqFt
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753 Cerritos Long Beach, CA 90813

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

03/11/2025 07:45 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,938 sqft

Price per Sqft $461

MLS Listing ID CRSB25049974

HOA Y/N No

Year Built 1987

Lot Size 7,338 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

Pride of Ownership, 80's Construction - Current 5.41% CAP Rate and 12.39 GRM. Priced at only $320k/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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Community Facility

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7266004043

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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