Residential Income — 2015 Cedar Ave, Long Beach, CA

About this property

Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the South 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. Recent improvements include an updated roof, electrical system, and unit interior renovations allowing for an investor to acquire a low maintenance building in a strong rental location. With rents slightly below market, this asset provides immediate cash-flow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.

Property details

Location

2015 Cedar Ave • Long Beach, CA 90806

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Listed by

Ryan Pratt · Skyline Commercial Real Estate

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