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1629 Cedar Ave

Long Beach, CA 90813
Active
Multifamily
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$1,399,000
Fantastic opportunity to own a cash-flowing 4-unit property in the heart of Long Beach! This single-story building features four spacious 2-bed/1-bath units with long-term tenants on month-to-month leases. One unit was just renovated and is MOVE-IN READY, perfect for an owner user! The property offers secure gated entry, (4) 1-car… Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren 714-655-0098
Listing Snapshot
Days Online
36
Last Updated
Property Type
Quadruplex
Lot Size
0.17 Acres
Year Built
1942
MLS Number
SB25237854
30 Days Snapshot Of 90813
$601k
+35%
(avg) sold price
5
-16%
homes sold
56
-43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1942, Building area total: 3,091, Levels: One, 1 story, 1 building, Common walls: NoCommonWalls
Community
Sidewalks
Expenses
Insurance expense: $4,018, Maintenance expense: $2,600, New taxes expense: $18,311, Operating expense: $28,727, Other expense: $3,798
Garage
4 spaces
Income
Gross income: $109,200, Net operating income: $80,473
Laundry
None
Lot
0.1733 acres, 7,551 square feet, Size: 7,551, RectangularLot
Parking
4 totals parking
Pool
None
Sewer
PublicSewer
Tenant Pays
Electricity, Gas
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Monthly Payment
$0
Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Lafayette Elementary School 562-426-7075 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Cabrillo High School 562-951-7700 Public 9-12
Lafayette Elementary School 562-426-7075 Public KG-5
Lafayette Elementary School 562-426-7075 Public KG-5
Washington Middle School 562-591-2434 Public 6-8
Cabrillo High School 562-951-7700 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.