1044 Cedar Avenue

Long Beach, CA 90813
Property listed by Sagewood Properties, Mindy Kim 213-700-1516
$1,995,000
Exceptional Investment Opportunity in Prime Long Beach Location! Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building.Read MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1915
MLS Number
RS25231343
Property Location Map
Additional Details
Building
Built in 1915, 2 buildings, 2 stories, Entry level: 1, Entry location: Ground level, Construction Materials: Drywall, Stucco
Community
Sidewalks
Cooling
CentralAir, SeeRemarks
Expenses
Electric: $100, Fuel: $100, Insurance: $3,000, Operating: $45,720, Trash: $1,000, Water/Sewer: $1,000
Heating
Central, SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross Income: $152,400, Gross ScheduledIncome: $152,400, Net Operating Income: $106,680
Laundry
WasherHookup, GasDryerHookup, Inside
Lot
0.1711 acres, SixToTenUnitsAcre, Landscaped, SprinklerSystem
Parking
5 open parking spaces, 5 total parking spaces
Pool
None
Roof
Shingle
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7272005028, Annual Amount: $15,790.3, Lot: 20, Year: 2025
Utilities
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, Water Source: Public, 5 separate electric meters, 5 separate gas meters
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Charles Fisher
Realtor®
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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.