753 Cerritos Avenue

Long Beach, CA 90813

7,338 sq ft lot
Built 1987

Listed by: Lyon Stahl Investment Real Estate, Inc. · 310-259-7556

About this home

Pride of Ownership, 80's Construction - Current 6.57% CAP Rate and 10.42 GRM. Priced at only $290K/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. 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.

Home details

Interior

Laundry: Community

Exterior & lot

Lot size: 7,338 sq ft (0.17 acres)
Lot features: 0-1 Unit/Acre
Pool: None
Garage spaces: 0
Parking: Carport
Common walls: 2+ Common Walls

Property & community

Property type: Apartment
Year built: 1987
Community: Urban
County: Los Angeles
MLS #: SB26159474
Listed: Jul 22, 2026

Location

Listed by: Lyon Stahl Investment Real Estate, Inc. · 310-259-7556

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 18, 2026 3:30 am.