Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just nine 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, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market
For sale
Listing Provided by:
Julio Bonilla DRE #01281205 562-355-8060,
Keller Williams Pacific Estates,
Denise Reesha DRE #01411207,
Keller Williams Pacific Estate
$2,050,000
833 Cedar Ave, Long Beach, CA 90813
6beds
8baths
6,494sqft
Est.:
Mixed Use
Built in 1931
-- sqft lot
$2,000,900 Zestimate®
$316/sqft
$-- HOA
What's special
New plumbingNew vinyl windowsConversion to electric heaters
- 79 days |
- 61 |
- 2 |
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