CA > Long Beach > Poly High (Ph)
Long Beach, CA 90813,1701 Cedar AVE
Long Beach, CA 90813,1701 Cedar AVE
Long Beach, CA 90813,1701 Cedar AVE
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Diego Magdaleno

Diego Magdaleno

+1(714) 681-1222
$1,325,000
Est. payment /mo
4,138 Sqft Lot
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UPDATED:

10/29/2024 12:22 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Poly High (Ph)

MLS Listing ID PW24218515

HOA Y/N No

Year Built 1955

Lot Size 4,138 Sqft

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!

Location

State CA

County Los Angeles

Area 9 - Poly High

Zoning LBR4N

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7269036025

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Juan Huizar • Sage Real Estate • 562-307-0838
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