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ResidentialIncome — 2015 Cedar Ave, Long Beach, CA

$1,850,000

2015 Cedar Ave, Long Beach, CA

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About this property

Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the Wrigley neighborhood of Long Beach. The property consists of large one bedroom and two bedroom units along with six garages and an on-site laundry room that both appeals to tenants and provides additional income. With rents slightly below market, the asset provides stable cashflow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.

Property details

Year built
1956
Property type
ResidentialIncome

Location

2015 Cedar Ave • Long Beach, CA 90806

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Listed by

Ryan Pratt · Skyline Commercial Real Estate