1044 Cedar AVE new

Long Beach,CA 90813

$ 1995000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS25223926

HOA Y/N No

Year Built 1915

Annual Tax Amount $15,790

Tax Year 2025

Lot Size 7,453 Sqft

Property Sub-Type Multi Family

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 2 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 property's central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether you're 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

Area 699 - Not Defined

Interior

Heating Central,See Remarks

Cooling Central Air,See Remarks

Fireplace No

Laundry Washer Hookup,Gas Dryer Hookup,Inside

Exterior

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available

Roof Type Shingle

Total Parking Spaces 5

Building

Lot Description 6-10 Units/Acre,Landscaped,Sprinkler System

Story 2

Water Public

Others

Tax ID 7272005028

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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