$1,600,000 - 2425 Cedar Avenue, Long Beach
- 0Beds
- Baths
- 4,230SQ. Feet
- 0.15Acres
We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:23234221
- Price:$1,600,000
- Bathrooms:0.00
- Square Footage:4,230
- Acres:0.15
- Year Built:1956
- Type:Residential Income
- Status:Closed
- Listing Agent:Jonathan Weir
- Listing Office:Marcus & Millichap
Community Information
- Address:2425 Cedar Avenue
- Area:5 - Wrigley Area
- City:Long Beach
- County:Los Angeles
- Zip Code:90806
Amenities
- Parking Spaces:6
- Parking:Door-Single, Garage, Uncovered
- # of Garages:4
- Garages:Door-Single, Garage, Uncovered
Interior
- Appliances:Dishwasher, Refrigerator
- Heating:Wall Furnace
- Cooling:None
- # of Stories:2
Additional Information
- Date Listed:January 19th, 2023
- Days on Market:111
- Zoning:LBR1N
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Based on information from California Regional Multiple Listing Service, Inc. as of April 19th, 2024 at 2:25am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.