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1217 Cedar Avenue

Long Beach, CA 90813
Beds
6
Baths
14
Square Ft.
8,086
Active
Multifamily
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Property listed by The Agency, Jonathan Swire 424-230-3700
$2,499,000
PRICED TO SELL AT 9.7 GRM & 6.5% CAP WITH UPSIDE TO 6.8% CAP. 14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). The property is professionally managed and well maintained. EARN OVER 10% CASH ON CASH AGAINST… Read MoreRead Less
Listing Snapshot
Days Online
25
Last Updated
Beds
6
Square Ft.
8,086
Lot Size
0.16 Acres
Year Built
1929
MLS Number
26825645
Property Location Map
Additional Details
Building
Built in 1929, Living area: 8086.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
None
Heating
WallFurnace
Income
Gross Income: $256,000, Net Operating Income: $161,000
Lot
0.1638 acres
Parking
None
Taxes
Parcel Number: 7272001023, Zoning: LBPD10
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Monthly Payment
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Kathy Zajac
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Oropeza Elementary School 562-436-4420 Public KG-5
Washington Middle School 562-591-7477 Public 6-8
Cabrillo High School 562-951-7700 Public 9-12
Oropeza Elementary School 562-436-4420 Public KG-5
Oropeza Elementary School 562-436-4420 Public KG-5
Washington Middle School 562-591-7477 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.