CA > Long Beach > Willmore District (Wm)
Long Beach, CA 90813,833 Cedar AVE
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Long Beach, CA 90813,833 Cedar AVE
Long Beach, CA 90813,833 Cedar AVE
Long Beach, CA 90813,833 Cedar AVE
Long Beach, CA 90813,833 Cedar AVE
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Erica Olsen

Erica Olsen

+1(714) 782-2970
$ 2,050,000
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833 Cedar AVE Long Beach, CA 90813

7,505 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Willmore District (Wm)

MLS Listing ID DW25162594

HOA Y/N No

Year Built 1931

Lot Size 7,505 Sqft

Property Sub-Type Mixed Use

Property Description

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 nine 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

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD10

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7272014010

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

CRMLS – RECore
Listed by Julio Bonilla Keller Williams Pacific Estate 562-355-8060
agent

Erica Olsen

Agent | License ID: 01911046

+1(714) 782-2970

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833 Cedar AVE