1720 Cerritos Avenue, Long Beach, CA 90813

Local realty services provided by:ERA Excel Realty
1720 Cerritos Avenue,Long Beach, CA 90813
$2,100,000
  • - Beds
  • - Baths
  • 6,074 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB25193240
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$345.74

About this home

Current 6.93% Cap Rate and 10.20 GRM! Meticulously remodeled with high-end finishes. Come see this beautiful 7 unit building with best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2Bed+1Bath and (1) 3Bed+1.5Bath units. Two units are currently vacant and 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. 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

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Home facts

  • Year built:1963
  • Listing ID #:SB25193240
  • Added:321 day(s) ago
  • Updated:December 19, 2025 at 02:14 PM

Rooms and interior

  • Living area:6,074 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:6,074 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$345.74
Based on information from California Regional Multiple Listing Service, Inc. as of December 24, 2025 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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