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1019 Cedar Ave
Long Beach, CA 90813
1019-1027 Cedar Avenue Apartments · Multifamily Property For Sale
·
26 Units
Investment Highlights
- Turnkey Asset Near Downtown Long Beach
- 14 Garages for Additional Income
- Railings Updated for Insurance Compliance
- Mix of (22) 1 BD/1 BA + (4) 2 BD/1 BA Units
- Copper Plumbing
- 4.79% Cap Rate at Current Rents
Property Facts
| No. Units | 26 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 15,566 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| Zoning | LBPD10 | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 15,566 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | LBPD10 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | $1,493 | 585 |
| 2+1 | 4 | $1,845 | 674 |
Property Taxes
| Parcel Number | 7272-006-015 | Improvements Assessment | $1,151,410 |
| Land Assessment | $2,122,416 | Total Assessment | $3,273,826 |
Property Taxes
Parcel Number
7272-006-015
Land Assessment
$2,122,416
Improvements Assessment
$1,151,410
Total Assessment
$3,273,826
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