#PW25052704, Kristina Moore, Listing Office: The Moore Group

753 Cerritos Long Beach, CA 90813
Property details
About 753 Cerritos
Pride of Ownership, 80's Construction - Current 5.86% CAP Rate and 11.62 GRM. Priced at only $300k/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.
Highlights
Summary
- Private Pool: No
- Parking: Carport
- List Price: $3,000,000
- Directions: Off of Alamitos Ave and E 7th St
- Year Built: 1987
- Stories: 3
- Lot Size: 0.1685 Acres
- MLS Number: SB25049974
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 5/4/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,000,000
753 Cerritos
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Price information
Property sales
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Tax history
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Nearby schools
6
Lincoln Elementary School
Public District KG-5
0.3 mi
•1175 E 11th St
5
Robert Louis Stevenson Elementary School
Public District KG-5
0.4 mi
•515 Lime Ave
5
Oropeza Elementary School
Public District KG-5
0.7 mi
•700 Locust Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,000. Most Long Beach, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 753 Cerritos
The listing price of 753 Cerritos property is $3,000,000.
The property 753 Cerritos is a condo located in Long Beach, California, 90813.
Active Listing: 753 Cerritos is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 753 Cerritos are: Lincoln Elementary School (GreatSchools Rating 6/10), Robert Louis Stevenson Elementary School (GreatSchools Rating 5/10), Oropeza Elementary School (GreatSchools Rating 5/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Clear Passage Educational Center (GreatSchools Rating 1/10), Renaissance High School for the Arts (GreatSchools Rating 5/10), Polytechnic High School (GreatSchools Rating 6/10).
The property at 753 Cerritos has 0 bathroom.
The year of construction for 753 Cerritos is 1987.
This home is located at 753 Cerritos in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $3,000,000.
In April 2025, from all listings sold in Long Beach, CA there were more than 70 sold above asking price, over 65 sold below and more than 38 were sold right at the asked price. In April 2025 in Long Beach, CA there were 7.6% more homes for sale than in March. While the average time on the market in April 2025 was 33 days, the median list price was $839,980.