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$2,950,000

  • For Sale
  • Active
  • Multi-Family
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Pride of Ownership, 80's Construction - Current 6.24% CAP Rate and 11.04 GRM. Priced at only $295k/unit, 751 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. 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.

Full Property Details for 751 Cerritos

General

  • Price: $2,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26056907
  • Updated: 3/17/2026
  • Days on Market: 16 days
  • Added to Site: 15 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Parking Space
  • Parking: Parking Space

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: 710 Fwy to Anaheim St, east to Cerritos Ave, south to property

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 10
  • # Electric Meters: 10

Structural Information

  • Entry Location: front
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 6,938
  • Year Built: 1987

Unit Information

Unit 1

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

Unit 2

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

Unit 3

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

Unit 4

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

Unit 5

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

Unit 6

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

Unit 7

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

Unit 8

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

Unit 9

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

Unit 10

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1685
  • Lot Size (Sq. Ft.): 7,338
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $425.19
  • Price Per Unit: 295000

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

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Listing agent

— 751 Cerritos —

  • 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 751 Cerritos

School District:Long Beach Unified School District
NameGradesDistance
Lincoln Elementary School, Long Beach, CA
1175 East 11th Street, Long Beach, CA 90813
K-50.3 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.2 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.8 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 751 Cerritos Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Listed
$2,950,000
25.59%
MLS
7/16/2024
Sold
$2,349,000
—
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 751 Cerritos

Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,048
—
$2,349,000
12%
2024
$28,048
2%
$2,104,980
2%
2023
$27,566
6%
$2,063,707
2%
2022
$25,885
2%
$2,023,243
2%
2021
$25,346
—
$1,983,572
1%
2020
$25,279
1%
$1,963,234
2%
2019
$24,982
3%
$1,924,740
2%
2018
$24,309
52%
$1,887,000
59%
2017
$15,996
8%
$1,188,872
2%
2016
$14,866
4%
$1,165,562
2%
2015
$14,286
—
$1,148,055
2%
2014
$14,225
3%
$1,125,567
—
2013
$13,798
—
$1,120,481
—
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 751 Cerritos

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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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751 Cerritos, Long Beach, CA 90813 (MLS# SB26056907) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 751 Cerritos is currently listed for $2,950,000 and was received on March 17, 2026. Want to learn more about 751 Cerritos? 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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