2317 Cedar Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
16 Units
Property Facts
| No. Units | 16 | Building Size | 13,158 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.91/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LBR1N | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 13,158 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.91/1,000 SF |
| Zoning | LBR1N |
Amenities
Unit Amenities
- Balcony
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Yard
- Garden
- Window Coverings
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
About 2317 CEDAR AVE , LONG BEACH, CA 90806
Look no further! Add 2309 and 2317 to your property portfolio and watch the profits flow! 2309 Cedar Ave and 2317 Cedar Ave offered at $4.1M, to be sold together as joined by one common courtyard. Walk into this gated community to find yourself in the recently re-landscaped courtyard. Beautiful Olive tree in the center with plants that wrap around it and plants in front of the units. Two properties have one building on each lot. Each building has 8 large units, 16 units together. Total of four 2 bed 2 bath, and total of twelve 1 bed 1 bath. Total of four 1 bed 1 bath have private balconies. Each unit is spacious and has tons of storage. All units have been upgraded. Refinished hardwood floors or vinyl planks, granite counter tops in baths and kitchens. Total of twelve 1 car garages. Laundry room completely overhauled in 2019 for extra income. Upgrades include: new plumbing, 4 washer hook-ups, 4 dryer hook-ups, 3 new energy efficient stack-able washer and dyers, new flooring, new paint, new water heater cover, new light fixture, and new door that leads out the freshly laid pebble on the side yard. Highly desirable rental area! Great long term tenants! Great Location! Great income! Great opportunity! This won’t last! See you in escrow!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $1,450 | 750 |
| 2+1 | 4 | $1,760 | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,606,589 | |
| Land Assessment | $801,018 | Total Assessment | $2,407,607 |
Property Taxes
