#PW25007491, Shawn Mohler, Listing Office: The Mohler Real Estate Group
#SB25049974·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Cameron Samimi·
Listing Office Phone: 310-259-7556
$3,200,000 List price
753 Cerritos Long Beach, CA 90813
0.2 acres
Condo
Property details
About 753 Cerritos
Pride of Ownership, 80's Construction - Current 5.41% CAP Rate and 12.39 GRM. Priced at only $320k/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
Home typeCondominium
StatusActive
Lot size0.1685 Acres
Year built1987
ParkingCarport
MLS #SB25049974
Summary
- 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,200,000
753 Cerritos
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Typical income of Long Beach, CA residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
39%
35k-100k
1%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
#PW24241198, Christopher Walker, Listing Office: Triqor Group
#PW25006856, Kristie Pabst, Listing Office: Pabst, Kinney & Associates
#IV24250595, JENNIFER MENDOZA, Listing Office: EXP REALTY OF CALIFORNIA INC
3 days on Rocket
#PW25052215, Alan Silva, Listing Office: Compass
$10,000 Closing Credit¹
#OC25002272, Mike Marcu, Listing Office: Mike Marcu, Broker
$10,000 Closing Credit¹
#PW24202418, Kristina Moore, Listing Office: The Moore Group
$10,000 Closing Credit¹
#SB24178968, Jack Bliss, Listing Office: J & P Realty
$10,000 Closing Credit¹
#PW24222928, Rick Applebaum, Listing Office: Morgan Skenderian
$10,000 Closing Credit¹
#SB25025508, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
Frequently asked questions
About 753 Cerritos
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 $3,200,000.
In February 2025, from all listings sold in Long Beach, CA there were more than 54 sold above asking price, over 62 sold below and more than 22 were sold right at the asked price. The number of listings in Long Beach, CA increased by 2.2% between January and February 2025. In February 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $823,240.
From Rocket Homes Real Estate and based on county public records data.