Properties

Property Description

SIX unit building just north of Downtown Long Beach. Property consists of a 4 bed 2 bath Craftsman single family home in front, and a rear building with 5 additional units (TWO 2bed 1 bath units, TWO 1 bed 1 bath units, and ONE non-conforming 2 bed 1 bath basement apartment). Amenities include gated on-site parking, on-site laundry for extra income, and an upstairs observation deck with 360-degree views of the San Gabriel Mountains, the Downtown skyline, and Palos Verdes Peninsula. All tenants are long-term multiple-year occupants on month-to-month rental contracts. These extremely well-performing units are all month to month with wonderful long-term tenants, a 5%+ Cap rate and tons of growth potential!

Features
: Wood
: City Lights
: Living room
: Composition
: 0.00
: Back Yard, Front Yard, Lot 6500-9999, Level
: Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected
: Public
2
1
: Individual Room, Common Area
0
: Public Sewer, Sewer Paid
0
: Sidewalks, Street Lights, Curbs, Gutters, Storm Drains
: Driveway, Concrete, Private, On Site
: Main Floor
0
: Ceiling Fan(s)
: 1 Common Wall
: Craftsman
Address Map
Cedar
1044
Avenue
3010
0
W119° 48' 19.2''
N33° 46' 47.6''
0
MLS Addon
Coldwell Banker Realty
Terry
7,451 Sqft
McCarty
01239625
LBPD10
North of 10th St/ West of Pacific
$0
0
: Standard
0
0
7451.0000
Assessor
2023-10-03 15:07:27
99600.00
6
03/10/2023
Assessor
1
4 - Downtown Area, Alamitos Beach
1
1
1
1
$0
228
1
5758.03
None
0 Sqft
00616212
20
1
1
1
1
1
0
0
1
$0
Paved
City Street
228
1
Other
20
Square Feet
03/10/2023
$1,495,000
0
0
$1,495,000
Feet

Residential Income

1044 Cedar Avenue, Long Beach, California 90813

4,766 Sqft
$1,495,000
Listing ID #OC23184659
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OC23184659
Price : $1,495,000
Rooms : 0
Square Footage : 4,766 Sqft
Year Built : 1915
Lot Area : 0.17 Acre
Price Per Square Foot : $314
Status : Active
APN / Parcel Number : 7272005028
Property Type : Quadruplex
Subdivision : Other (OTHR)
Contact Agent