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$2,100,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
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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.

Full Property Details for 1720 Cerritos Ave

General

  • Price: $2,100,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26104879
  • Updated: 5/19/2026
  • Days on Market: 10 days
  • Added to Site: 10 day(s) ago

Rooms

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None

Location

  • Area: 699 - Not Defined
  • County: Los Angeles
  • Development Name: 699 - Not Defined
  • Driving Directions: Off Alamitos and PCH

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Entry Location: 1
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 6,074
  • Year Built: 1963

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1193
  • Lot Size (Sq. Ft.): 5,198
  • Lot Size Source: Assessor
  • Zoning: LBR3S
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $345.74
  • Price Per Unit: 300000

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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Listing agent

— 1720 Cerritos Ave —

  • Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1720 Cerritos Ave

School District:Long Beach Unified School District
NameGradesDistance
Whittier Elementary School, Long Beach, CA
1761 Walnut Avenue, Long Beach, CA 90813
K-50.2 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-81 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1720 Cerritos Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$2,100,000
61.54%
MLS
10/09/2020
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1720 Cerritos Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,423
6%
$1,407,161
4%
2023
$18,243
6%
$1,352,730
2%
2022
$17,137
2%
$1,326,210
2%
2021
$16,769
488%
$1,300,210
890%
2020
$2,853
1%
$131,299
2%
2019
$2,822
6%
$128,519
2%
2018
$2,668
1%
$126,000
2%
2017
$2,640
9%
$123,530
2%
2016
$2,431
3%
$121,109
2%
2015
$2,360
-1%
$119,291
2%
2014
$2,387
2%
$116,955
—
2013
$2,332
—
$116,428
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1720 Cerritos Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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1720 Cerritos Avenue, Long Beach, CA 90813 (MLS# SB26104879) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1720 Cerritos Avenue is currently listed for $2,100,000 and was received on May 19, 2026. Want to learn more about 1720 Cerritos Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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