$4,500,000 - 338 Cedar Avenue, Long Beach

  • 11Beds
  • 9Baths
  • 0SQ. Feet
  • 0.17Acres

338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 11.42 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.

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Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW23183991
  • Price:$4,500,000
  • Bedrooms:11
  • Bathrooms:9.00
  • Acres:0.17
  • Year Built:1918
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Active
  • Listing Agent:Robert Stepp
  • Listing Office:Keller Williams - Santa Monica

Community Information

  • Address:338 Cedar Avenue
  • Area:4 - Downtown Area, Alamitos Beach
  • Subdivision:Downtown (DT)
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90802

Amenities

  • Pool:None

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:16-20 Units/Acre

Additional Information

  • Date Listed:October 2nd, 2023
  • Days on Market:208
  • Zoning:LBPD30

Similar Type Properties to PW23183991, 338 Cedar Avenue, Long Beach

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Similar Neighborhoods to "Downtown (DT)" in Long Beach, California

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Alamitos Beach (ab)

Eastside (es)

  • City:
    Long Beach
  • Price Range:
    $799,000 - $5,750,000
  • Current Listings:
    20
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 11:50pm 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.