Log In/Sign Up
1220 Cedar Ave
Long Beach, CA 90813
Turnkey Asset, 5.25% Cap Current Rents · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Turnkey asset, completely remodeled in 2020
- Units feature dishwashers, air conditioning, and Quartz countertops
- Great transit access, only minutes away from 710 Freeway and $6B worth of development flooding into downtown Long Beach
- Brand new bathrooms, kitchens, and flooring. Fully painted exterior, copper plumbing throughout, new electrical system
- Strong unit mix, consisting of (3) 2-bedroom/1-bath & (4) 1-bedroom/1-bath units, (5) garages and laundry on site
Property Facts
| No. Units | 7 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,324 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.94/1,000 SF |
| Zoning | LBPD10 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,324 SF |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | LBPD10 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,885 | - |
| 1+1 | 4 | $1,585 | - |
Property Taxes
| Parcel Number | 7272-001-010 | Improvements Assessment | $719,817 |
| Land Assessment | $1,336,802 | Total Assessment | $2,056,619 |
Property Taxes
Parcel Number
7272-001-010
Land Assessment
$1,336,802
Improvements Assessment
$719,817
Total Assessment
$2,056,619
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
