1425 Cedar Avenue, Long Beach, CA 90813

About this property

The subject property is a 10-unit two-story walk-up style building, with 6,222 square feet. There are 8 one-bedroom/one-bath units plus 2 two-bedroom/one-bath units. All units have separate gas and electric meters. The building also contains 4 garages plus a coin-opearated on-site laundry both of which yield extra income. Great location close to middle school, shopping, public transit, close to downtown Long Beach and Beaches.This property always stays rented and is currently 100% occupied. This is an Investors dream, easy to rent and easy maintenance.

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$1,682,500

Sold November 2024 · listed $1,850,000, on market August 2024 · MLS #OC24166043 · Source: CRMLS

Listing Agent: Jeff Stearman · Listing Office: Keller Williams OC Coastal Realty · Contact: 949-412-5333 · Bought with: Jeff Stearman · Keller Williams OC Coastal Realty

$1,223,000

Sold January 2016 · listed $1,250,000, on market July 2015 · MLS #PW15156682 · Source: CRMLS

Listing Agent: Byron Field · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Byron Field · Keller Williams Pacific Estate

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