833 Cedar, Long Beach, CA 90813
Local realty services provided by:ERA North Orange County Real Estate
833 Cedar,Long Beach, CA 90813
$1,850,000
- 4 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: denise reesha, julio bonilla
Office: keller williams pacific estate
MLS#:PW26094892
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,850,000
About this home
Great income at 9% cap rate! Beautiful Craftsmen Available in Downtown Long Beach, minutes to the beach, Shoreline Village, and the Pike! 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
- Listing ID #:PW26094892
- Added:1 day(s) ago
- Updated:May 06, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
Finances and disclosures
- Price:$1,850,000
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