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Incredible 4% INTEREST ONLY assumable debt available on purchase in the amount of $1.2m Meticulously remodeled with high-end finishes. Come see this beautiful nit building with the best unit mix you can ask for. 1720 Cerritos is comprised of (6) 2Bed+1Bath and (1) 3Bed+1.5Bath units. Each unit has its own washer and dryer, a/c splits, dishwashers, new floors, kitchen, and bathrooms. All demanding high rents for the area. This property is massive with each unit averaging over 800 Sq.ft. The property also has new copper plumbing, new roof, and new electrical sub panels in each unit. The property comes with substantial upside as all units are eligible for 10% rent increases. 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. MLS® ID: SB22210438 Listed: 9/26/22 Updated: 10/17/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area Exterior/Building Features Lot Size: 5,194 ft2 lot Lot Details: 0-1 Unit/Acre Sewer: None Other Property Details Area Name: 9 - Poly High HOA Amenities: Curbs, Gutter(s), Street Lights, Sidewalks Garage: No Parking: N View: N County: Los Angeles Utilities: Sewer Not Available Water Source: Public Pool: No Pool Description: None Total Stories: 1 Zoning: LBR3S Courtesy of Lyon Stahl Investment Real Estate, Inc., Parker Boehle, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. 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.