Try Advanced Home Search

Hometuity Connects Directly To The MLS and Updates Every 5 Minutes

Property 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!

Features
: Wall Furnace
2
1
: Common Area
0
: Curbs
Additional Information
Sage Real Estate
0
PHUIJUA
0173
Juan
7269036025
: Standard
2
Two
43

Multi-Family For Sale

1701 Cedar Avenue, Long Beach, California 90813

3,798 Sqft
$1,325,000
Listing ID #PW24218515
Basic Details
Status : Active
DaysOnMarket : 6
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : PW24218515
Price : $1,325,000
Living Area : 3,798 Sqft
Lot Size : 4,140 Sqft
Year Built : 1955
Country : US
State : California
County : Los Angeles
City : Long Beach
Zipcode : 90813
Price Per Square Foot : $349
Subdivision : Poly High (PH)
ModificationTimestamp : 2024-10-28 17:22:00
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent