For sale
  • Listing Provided by: 

    Mindy Kim DRE #01402568 213-700-1516,

    Sagewood Properties

    $1,995,000

    1044 Cedar Ave, Long Beach, CA 90813

    15beds
    9baths
    3,744sqft
    : 
    Multi Family
    Built in 1915
    -- sqft lot
    $1,933,400 Zestimate®
    $533/sqft
    $-- HOA

    What's special

    Exceptional Investment Opportunity in Prime Long Beach Location! Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building. Adding to its appeal, the property also offers an unpermitted 3-bed/1-bath basement unit (~780 SF) with an additional 380 SF of storage space, currently generating extra rental income. All units have been tastefully renovated with contemporary kitchens, updated bathrooms, and modern flooring, creating a turnkey opportunity for investors seeking immediate cash flow. The property’s central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether you’re looking to expand your portfolio or occupy one unit while renting out the others, 1044 Cedar Avenue combines modern living with excellent income potential.
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