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1765 Cedar Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Building Size | 9,136 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R4R, Long Beach | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,136 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R4R, Long Beach |
Amenities
Unit Amenities
- Air Conditioning
About 1765 CEDAR AVE , LONG BEACH, CA 90813
A rare opportunity to purchase highly sought after 1960's Balcony style apartment units. Separately metered for electricity & gas. Excellent unit mix consisting of five 2br+1bth, two 2br+2bth, and five 1br+1bth . 100% occupied with in place cash flow. Non rent control area. Market rental upside. Value add upside. Tree lined residential block across from a school. The building has great curb appeal, visibility, large units with plenty of natural lighting which creates a nice living space atmosphere for residents, on-site laundry, good parking. These features produce a competitive advantage in attracting and maintaining tenants.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | 950 |
| 2+1 | 5 | - | 850 |
| 1+1 | 5 | - | 600 |
Property Taxes
| Parcel Number | 7269-036-005 | Improvements Assessment | $1,578,458 |
| Land Assessment | $669,309 | Total Assessment | $2,247,767 |
Property Taxes
Parcel Number
7269-036-005
Land Assessment
$669,309
Improvements Assessment
$1,578,458
Total Assessment
$2,247,767
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