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Listed by: Julio Bonilla (562) 355-8060 DRE #01281205, Denise Reesha DRE #01411207 | Keller Williams Pacific Estates (562) 513-7800
$1,850,000
4 Beds
- 9 Baths
--sqft
833 Cedar, Long Beach, CA 90813
$1,850,000
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Apartment
Built in 1931
$-- HOA
7,506 sqft lot
--/sqft
Description
9% cap rate! Beautiful craftsman bungalow with 2 units and 6 additional units available in downtown Long Beach just minutes to the beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in a prime area in Long Beach. This unique multi family property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1931
HOA Fees
-
Finished Area
- sqft
Lot Size
7,506 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26094892
MLS Status
Active
Days on Market
66
Cumulative Days on Market
56
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