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1415 Cedar Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Convenient location in the Washington neighborhood across the street from Washington Middle School, currently undergoing a $176M reconstruction
- Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion
- Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway
- Over 60% of household within 5 miles are renters with an average household income of over $94,000
Property Facts
| No. Units | 10 | Building Size | 6,922 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1949 |
| Building Class | C | Parking Ratio | 0.72/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R4N, Long Beach - Multiple dwelling | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,922 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1949 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | R4N, Long Beach - Multiple dwelling |
Amenities
Unit Amenities
- Ceiling Fans
- Range
- Walk-In Closets
- Linen Closet
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $2,113 | 500 |
| 1+1 | 4 | $1,600 | 500 |
| Studios | 1 | $1,500 | 500 |
Property Taxes
| Parcel Number | 7269-041-027 | Improvements Assessment | $1,509,992 |
| Land Assessment | $865,945 | Total Assessment | $2,375,937 |
Property Taxes
Parcel Number
7269-041-027
Land Assessment
$865,945
Improvements Assessment
$1,509,992
Total Assessment
$2,375,937
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