$2,900,000

Multi Family In Long Beach

  • 7 Beds
  • 7 Baths
  • 7,340 Sqft lot
  • Updated: July 23
  • Source:
    San Diego MLS  MLS#SB26159474

About the Property

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.
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.
  • Property type

    Other

  • Floors

    3

Features

  • Renovated
  • Laundry Room
  • Parking

Explore the Area

753 Cerritos Avenue, Signal Hill, California, United States View on Google Maps
Price per sqft
Low
High

View 351 more listings in Signal Hill

Lyon Stahl Investment Real Estate, Inc. - El Segundo

Joined 9 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Lyon Stahl Investment Real Estate, Inc. - El Segundo
California, United States
View agency profile
54
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Lyon Stahl Investment Real Estate, Inc. - El Segundo
El Segundo, California, United States
View agency profile
Last updated
July 23
First listed
Jul 22
Listing reference
SB26159474
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference SB26159474, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with