833 Cedar

Long Beach, CA 90813
Square Ft.
6,494
Property listed by Keller Williams Pacific Estates, Julio Bonilla 562-355-8060
$2,049,000
Great income at 8.1% cap rate! 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 5 minutes from the beach, boasts two buildings with a total of 6,494Read MoreRead Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
MultiFamily
Square Ft.
6,494
Lot Size
0.17 Acres
Year Built
1931
MLS Number
DW26015025
Property Location Map
Additional Details
Building
Built in 1931, 2 buildings, 2 stories, Entry level: 1
Expenses
Insurance: $6,500, Operating: $28,514, Other Expense: $1,800
Heating
Electric, NaturalGas
Income
Gross ScheduledIncome: $194,976, Net Operating Income: $166,462
Laundry
CommonArea
Lot
0.1723 acres, SixToTenUnitsAcre
Property
Leasable area units: SquareFeet
Taxes
Additional parcels description:, Parcel Number: 7272014010, Annual Amount: $14,854, Year: 2024, Zoning: LBPD10
Utilities
Water Source: Public
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Laura Grabher
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.