751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
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751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
751 Cerritos Ave
For Sale

751 Cerritos Ave

751 Cerritos Ave, Long Beach, CA 90813

$2,349,000
PRICED TO SELL. 10X GRM and a 6.5% CAP on actual rents with upside to a 7.1% CAP. 10 units in Alamitos Beach in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. Built in 1987, the property is professionally managed and well maintained. There are 14 onsite parking spaces - 1 for each unit plus 4 for rent. The 2nd floor units feature tall, vaulted ceilings and some have partial ocean views. The Property has an onsite laundry room. All units were updated from 2017-2019. The subpanels are 50 AMPS and the main panel is 200 AMPS. Plumbing is copper - Buyer to verify. Priced at only $340/SF. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.

18
beds

18
baths

6,938 Sq.Ft. LIVING AREA

7,338 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 751 Cerritos Ave, Long Beach, CA 90813. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

  • total bedrooms18
  • Total bathrooms18
  • APPLIANCES None

Area & Lot

  • Status For Sale
  • Living Area6,938 Sq.Ft.
  • Lot Area7,338 Sq.Ft.
  • MLS® ID24-391473
  • TypeResidential
  • YEAR BUILT1987
  • NeighborhoodEastside

Exterior

  • STORIES2
  • parkingAttached
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,349,000
  • Zoning LBR2N

Eastside

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