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.
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
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#: PW23183991
Originating 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
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
$3,934,900