For Sale
$2,100,000
1720 Cerritos Avenue
Long Beach, CA 90813
- 5,198 sq ft lot
- Built 1963
Listed by: Lyon Stahl Investment Real Estate, Inc.
About this home
Current 6.67% cap rate and 10.50 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7-unit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2-Bed/1-Bath and (1) 3-Bed/1.5-Bath units. There is an opportunity to Add Significant Value by Building out (2) Studio+1Bath ADUs. Adding the ADUs would generate an Extra $3,500/month.
Each Unit has its own washer and dryer, dishwashers, new floors, kitchen, and fixtures. All demanding higher rents for the area. This property is massive with each unit averaging over 800 sqft. The property also has new copper plumbing, new roof and new electrical sub panels in each unit - all of which were updated in the last 5 years.
1720 Cerritos Ave 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.
Home details
Interior
- Levels
- One
- Laundry
- Inside
Exterior & lot
- Lot size
- 5,198 sq ft (0.12 acres)
- Lot features
- 0-1 Unit/Acre
- Pool
- None
- Garage spaces
- 0
- Common walls
- 2+ Common Walls
Property & community
- Property type
- Apartment
- Year built
- 1963
- Community
- Urban
- County
- Los Angeles
- MLS #
- SB26104879
- Listed
- May 19, 2026
Location
Listed by: Lyon Stahl Investment Real Estate, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.