1701 Cedar Avenue
Long Beach, CA 90813
0.10 acres | #PW24218515
Description
1701 Cedar Ave, Long Beach, CA – A Rare Investment Opportunity, 78% upside in rents.
A truly one-of-a-kind 4-plex in Long Beach. This property stands out as the only 4-plex on the market offering such a large and versatile bedroom and bathroom configuration, making it a prime choice for investors or owner-occupants looking to maximize rental income and meet the growing demand for multi-generational housing.
The unit mix includes:
- A spacious 5-bedroom, 2-bath unit
- A generous 4-bedroom, 2-bath unit
- A comfortable 3-bedroom, 1-bath unit
- A cozy 1-bedroom, 1-bath unit
These varied configurations provide the perfect setup for extended families or larger households seeking space and convenience. Additionally, the property is individually submetered for gas and electric, ensuring easy utility management and potential cost savings.
Situated on a two-story corner lot, the property features two garages, enhancing its appeal and functionality. Its prime location offers easy access to the best of Long Beach, making it a valuable opportunity for both investors and future residents alike.
Don’t miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories2
Measurements
- Acres0.095
Parking
- Parking Spaces2
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1955
Utilities / Energy Details
- Utility FeaturesNaturalGasConnected, SewerConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionPoly High (PH)
Location
- CountyLos Angeles
Financial Details
- Original List Price$1,325,000
Other
- MLS #PW24218515
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Juan Huizar (#PHUIJUA)
Listing Office: Sage Real Estate (#0173)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
