1720 Cerritos Ave, Long Beach, CA 90813 | Off-Market

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 5,198 Sq Ft
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Description

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 Village, Broadway Block and Queen Mary

Island. OM in supplements.

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Owner

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,100,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1963
Last Sold Unknown
Sold Price Unknown
APN # 7268027025
MLS # SB25193240
Property ID 322118789
Lot Sqft 5,198
Zoning LBR3S
Total Units 7
Date Updated November 14, 2025
Date Created August 27, 2025

Listing Provided By

Cameron Samimi an agent of . Lic #02035763


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 14, 2025 The information being 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.



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