2441 Cedar Avenue

Long Beach, CA 90806
$1,100,000
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market. The unit mix consists of oneRead MoreRead Less
Property listed by Estate Properties, Charles Fisher 310-902-7214
Listing Snapshot
Days Online
9
Last Updated
Property Type
Quadruplex
Lot Size
0.15 Acres
Year Built
1940
MLS Number
SB26171308
Property Location Map
Additional Details
Building
Built in 1940, 2 buildings, 1 storey, Entry level: 1, Entry location: Front
Community
Curbs, StreetLights, Sidewalks
Expenses
Insurance: $3,500, Operating: $37,400, Water/Sewer: $600
Garage
8 spaces
Heating
NaturalGas, WallFurnace
Income
Gross Income: $80,640, Gross ScheduledIncome: $80,640, Net Operating Income: $43,240
Laundry
CommonArea, LaundryRoom
Lot
0.1522 acres, Landscaped
Parking
8 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7205010015, Tax Block: 7, Lot: 13
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Joe Villaescusa
CEO
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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.