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751 Cerritos Ave
Long Beach, CA 90813 Downtown Long Beach

$2,850,000 USD

Apartments For Sale • 6,938 SF

Property Details

Property Type Apartments
Total Building Size 6,938 SF
Lot Size 0.17 AC
Building Class C
Year Built 1987
Zoning R2N, Long Beach

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Current 6.56% Cap Rate & 10.60 GRM - 80's construction 
                            
                                Priced at only $285k/unit
                            
                                (8) 2Bed+2Bath and (2) 1Bed+1Bath units-One unit is currently vacant
                            
                                Perfect opportunity for exchange buyer looking for very low maintenance and high cash-flow

Property Flyers

OM - 751 Cerritos Ave Final 4-28

Amenities

24 Hour Access
Air Conditioning
Balcony
Controlled Access
Tenant Controlled HVAC
Heating
Smoke Free
Kitchen
Refrigerator
Oven
Smoke Detector

Public Transportation

Transit/Subway	Drive	Walk	Distance
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	15 min	0.8 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	19 min	1.0 mi
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	4.1 mi
John Wayne/Orange County	30 min	-	20.5 mi
Los Angeles International	33 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Covered
Included in Rent:	Yes

Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate

751 Cerritos Ave Long Beach, CA 90813 Downtown Long Beach