2382 Cedar Ave
Long Beach, CA 90806
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 7,512 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Zoning | LBR1N | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,512 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | LBR1N |
About 2382 CEDAR AVE , LONG BEACH, CA 90806
King Real Estate Group is pleased to present an eight-unit multifamily property located in an excellent rental market of Long Beach, California. Built in 1986, the property has approximately 7,512 rentable square feet on a 6,501 square foot lot. The subject property has a great unit mix of all two-bedroom / two-bathroom units. Owners enjoy the high demand for rentals in a coastal city. This a rare opportunity to acquire a quality asset in an outstanding rental market and would make a great addition to any investors portfolio. The city of Long Beach continues to progress forwards and is currently experiencing major redevelopment of $3.5 billion. A n example of this large-scale redevelopment is the Long Beach Civic Center, which is completed late 2019. The Civic Center will include a new city hall and the Port of Long Beach headquarters, as well as multi-family residential units. Long Beach sustains its ability to attract renters due to its strong economy and high quality of life.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $1,125 | - |
Property Taxes
| Parcel Number | 7205-016-002 | Improvements Assessment | $1,093,645 |
| Land Assessment | $1,093,645 | Total Assessment | $2,187,290 |
Property Taxes
