Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1931
Sq.Footage
N/A
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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Fireplace YN
NO
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.1723
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,050,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Julio Bonilla , Keller Williams Pacific Estate
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