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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
Monthly Est:$9,208
4 Beds
9 Baths
6,494sqft
833 Cedar, Long Beach, CA 90813
$1,850,000
$9,208/moEst:
Get Pre-Approved
Apartment
Built in 1931
$-- HOA
7,506 sqft lot
$285/sq.ft
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 tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, shopping, dining, entertainment, and public transportation, and easy freeway access. With its robust unit count, considerable square footage (studios 655 sf), advantageous zoning, and recent improvements, 833 Cedar Avenue is an excellent acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.
- Houzeo last checked: 1 hour ago
- Listing updated: July 1, 2026 at 1:16 am
- Source: California Regional MLS-CA | MLS#: PW26094892
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1931
HOA Fees
-
Finished Area
6,494 sqft
Lot Size
7,506 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26094892
MLS Status
Active
Days on Market
156
Cumulative Days on Market
56
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 9
Interior
Sewer
Public Sewer
Heating
Electric, Natural Gas
Utilities & Energy
Laundry Features
Common Area
Parking Features
On Street
Pool Features
None
Water Source
Public
Other Features
Subdivision Name
Downtown (dt)
Lot Features
Six To Ten Units Acre
Community Features
Biking, Curbs, Park, Street Lights, Sidewalks, Water Sports
Price History
| Date | Event | Price |
|---|---|---|
01/26/2026 Source: | Price Increased | $2,049,000 +10.76% $316/sqft |
01/26/2026 Source: | Listed for Sale | $1,850,000 $285/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage