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$ 1,995,000
Est. payment /mo
Active
1044 Cedar Avenue Long Beach, CA 90813
9 Beds
7,451 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25231343
Bedrooms 9
Lot Size 7,451 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Investment Opportunity in Prime Long Beach Location! Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building. Adding to its appeal, the property also offers an unpermitted 3-bed/1-bath basement unit (~780 SF) with an additional 380 SF of storage space, currently generating extra rental income. All units have been tastefully renovated with contemporary kitchens, updated bathrooms, and modern flooring, creating a turnkey opportunity for investors seeking immediate cash flow. The propertys central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether youre looking to expand your portfolio or occupy one unit while renting out the others, 1044 Cedar Avenue combines modern living with excellent income potential.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Between 10th and 12th Street on Cedar Avenue.
Interior
Heating Other/Remarks
Cooling Central Forced Air, Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7272005028
Listed by Mindy Kim Sagewood Properties