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1024 Cedar Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
11 Units
Investment Highlights
- ±21% Rental Upside - Prime Value Add Opportunity
- Diverse Mix of (8) 1BD/1BA, (1) 2BD/1.5BA & (2) 3BD/2BA
- Six Garages Provide Extra Income Potential and/or ADU Opportunity (Buyer to Verify)
- Separate Meters for Gas & Electricity
- Close Proximity to Amenities & Employment Hubs - 92 Walk Score / 80 Bike Score
Property Facts
| No. Units | 11 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 12,272 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.49/1,000 SF |
| Zoning | LBPD10 - Planned Development | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 12,272 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.49/1,000 SF |
| Zoning | LBPD10 - Planned Development |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | - | 1,150 |
| 2+1.5 | 1 | - | 928 |
| 1+1 | 8 | - | 700 |
Property Taxes
| Parcel Number | 7272-005-025 | Improvements Assessment | $435,232 |
| Land Assessment | $85,688 | Total Assessment | $520,920 |
Property Taxes
Parcel Number
7272-005-025
Land Assessment
$85,688
Improvements Assessment
$435,232
Total Assessment
$520,920
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