751 Cerritos Long Beach, CA ^$ 2,950,000

751 Cerritos

^$ 2,950,000

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Recently Listed

751 Cerritos

Long Beach, CA, 90813

^$ 2,950,000

Studio Baths2.0 Sq 6,938

Monthly Estimate*

^$ 18,164

Listed by Lyon Stahl Investment Real Estate, Inc.

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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,950,000 with 2 full baths. This 6,938 square foot home was built in 1987 on a lot size of 0.1685.

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.

Multi-Family Active

Price

^$ 2,950,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1685

Year Built

1987

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26056907

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1987

Tenant Pays Electricity Gas

Levels Three Or More

Property Subtype Apartment

Gross Income 267204

Community Features Urban

County Los Angeles

Net Operating Income 184052

Operating Expense 75136

Insurance Expense 8673

New Construction false

Property Type Residential Income

Contingency none

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 710 Fwy to Anaheim St east to Cerritos Ave south to property

City Long Beach

Entry Location front

Senior Community Y/N false

Number Of Units Total 10

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 7338

Number of Units Leased 9

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 4000

Water Sewer Expense 9000

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 8

Total Actual Rent 20017

Property Sub Type Additional Apartment

Expected Active Date 2026-03-17

Taxes 36875

Cap Rate 6.24

Interior

Total Stories 3

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Parking Features One Space

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 0

Lot Size Area 7338

Number of Buildings 1

Building Area Total 6938

Lot Size Acres 0.1685

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

Affordability Calculator

$18,164

Per Month

Monthly Principal & Interest: $18,164
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,777,307

Percent of Sale Price 40%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/17/2026	$2,950,000		Listed Price

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751 Cerritos, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,950,000 with 6,938 sqft and a lot size of 0.1685. 751 Cerritos is a studio with 2.0 baths and was built in 1987. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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751 Cerritos

Multi-Family Home for sale in Long Beach, CA

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