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Sold for $3,949,753 on 07/29/25
  • Listing Provided by: 

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams Realty Downey

    $3,949,753

    338 Cedar Ave, Long Beach, CA 90802

    26beds
    24baths
    10,150sqft
    Mixed Use
    Built in 1918
    -- sqft lot
    $3,934,900 Zestimate®
    $389/sqft
    $3,781 Estimated rent

    What's special

    338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 10.98 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers.The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 03:24pm

    Listing Provided by:

    Robert Stepp DRE #01456379 310-463-2916,

    Keller Williams Realty Downey

    Bought with:

    Robert Stepp, DRE #01456379

    Keller Williams Realty Downey

    Source: CRMLS,MLS#: PW23183991MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 26
    • Bathrooms: 24
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,150
    • Total interior livable area: 10,150 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,503 sqft
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 7280015006
    • Zoning: LBPD30
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1918

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Long Beach
    • Subdivision: Downtown (Dt)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    Services availability
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    Estimated market value

    $3,934,900