We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Sold for $1,565,000 on 06/26/23
$1,565,000
2425 Cedar Ave, Long Beach, CA 90806
6beds
4baths
--sqft
Multi Family
Built in 1956
-- sqft lot
$1,687,900 Zestimate®
$--/sqft
$4,504 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 27, 2023 at 04:16am
Listed by:
Jonathan Weir DRE #02038545 707-225-2402,
Marcus & Millichap
Bought with:
Victor Fonseca, DRE #01801376
Keller Williams Realty
Source: SDMLS,MLS#: 23-234221
Originating MLS: Southwest Los Angeles

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall/Gravity
Cooling
- N/K
Interior area
- Total structure area: 0
Property
Lot
- Size: 6,581 sqft
Details
- Parcel number: 7205010019
- Zoning: LBR1N
- Zoning description: LBR1N
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1956
Community & neighborhood
Location
- Region: Long Beach
- Subdivision: Wrigley Area (WR)
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,687,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,687,900