833 Cedar Avenue, Long Beach, CA 90813
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
833 Cedar Avenue,Long Beach, CA 90813
$2,050,000
- - Beds
- - Baths
- 6,494 sq. ft.
- Multi-family
- Active
Listed by: julio bonilla, denise reesha
Office: keller williams pacific estates
MLS#:DW25162594
Source:CRMLS
Price summary
- Price:$2,050,000
- Price per sq. ft.:$315.68
About this home
Great income at 8% cap rate! Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market
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Home facts
- Year built:1931
- Listing ID #:DW25162594
- Added:124 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Living area:6,494 sq. ft.
Structure and exterior
- Year built:1931
- Building area:6,494 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,050,000
- Price per sq. ft.:$315.68
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