$2,049,000
833 Cedar
Long Beach, CA, 90813
Property Description
Great income at 8.1% 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
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
Property Details
Price:
$2,049,000
MLS #:
DW26015025
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Jan 26, 2026
Total Sq Ft:
6,494
Lot Size:
7,506 sqft / 0.17 acres (approx)
Year Built:
1931
Schools
Interior
Heating
ELC, GAS
Laundry Features
AR
Exterior
Financial
Tax Year
2024
Taxes
$14,854
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a Showing
Mortgage Calculator
Similar Listings Nearby
Courtesy of Keller Williams Pacific Estates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 833 Cedar
Long Beach, CA
