833 Cedar, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
833 Cedar,Long Beach, CA 90813
$1,850,000
  • - Beds
  • - Baths
  • 6,494 sq. ft.
  • Multi-family
  • Active
Listed by: julio bonilla, denise reesha
Office: keller williams pacific estates562-513-7800
MLS#:PW26094892
Source:CRMLS

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$284.88

About this home

9% cap rate! Beautiful craftsman bungalow with 2 units and 6 additional units available in downtown Long Beach just minutes to the beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in a prime area in Long Beach. This unique multi family 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...

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Home facts

  • Year built:1931
  • Subdivision & Development:Downtown (DT)
  • Listing ID #:PW26094892
  • Added:99 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Living area:6,494 sq. ft.

Heating and cooling

  • Heating:Electric, Natural Gas

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:$1,850,000
  • Price per sq. ft.:$284.88
  • Tax amount:$14,854 (2024)

Parking

  • Total parking spaces:4
  • Parking description:On Street
  • Garage:Yes
  • Garage spaces:4
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