1044 Cedar Avenue Long Beach, CA 90813
Sold
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Terrence "Terry" McCarty - Contact:  714-392-2880

  1044 Cedar Avenue Long Beach, CA 90813

Sold (260 Days)
$1,150,000 (USD)
4,766
SQFT
See Similar Listings

Description

Downtown Long Beach Cedar Ave Apartments. 6 Units consisting of a 1915 Craftsman single family home in front and a 4 unit, 2 story building in back with an approximate 1000 sqft basement (3 rooms plus kitchen, bathroom, laundry) that is currently rented, but not permitted as living space. ***Cap rate sits at 7.6%*** and the property brings in approximately $109,000 per year and the rents are still fairly low! All units are currently rented by long term tenants. This is a fantastic opportunity for any investor to own bread and butter units in a high rental demand area. You will never have a problem filling any vacancy!

MLS #:
OC24127338
Lot Size
7,453 SQFT
Type
Multifamily
Year Built
1915
County
Los Angeles County
Community
,Richardson Tract

Listed By

Terrence "Terry" McCarty, DRE #01239625 CA, Coldwell Banker Realty, Contact: 714-392-2880
Bought with
Angela Costello, Re/Max Top Producers
Source
CRMLS
Last checked Oct 27 2025 at 8:49 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Subdivision
  • ,Richardson Tract
Lot Information
  • 6-10 Units/Acre
  • Street Level
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer, Sewer Tap Paid
Parking
  • Private
  • Shared Driveway
  • On Site
Stories
  • 2
Additional Information: Huntington Beach | 714-392-2880
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.