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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,000,000

Est. payment - /mo

6,372 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID NP26018192

HOA Y/N No

Year Built 1956

Lot Size 6,372 Sqft

Property Sub-Type Mixed Use

Property Description

Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the Wrigley neighborhood of Long Beach. The property consists of large one bedroom and two bedroom units along with six garages and an on-site laundry room that both appeals to tenants and provides additional income. With rents slightly below market, the asset provides stable cashflow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7209025023

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info

Listed by Ryan Pratt Skyline Commercial Real Estate 714-767-7039

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Los Cerritos Elementary School

Public | KG - 5
8

Signal Hill Elementary School

Public | KG - 5
8

Alvarado Elementary School

Public | KG - 5
8

Madison Elementary School

Public | KG - 5
7

Muir Academy

Public | KG - 8
7

Chavez Elementary School

Public | KG - 5
7

Birney Elementary School

Public | KG - 5
7

Lafayette Elementary School

Public | KG - 5
7

Robert Louis Stevenson Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | KG - 5
7

Lincoln Elementary School

Public | KG - 5
6

Garfield Elementary School

Public | KG - 5
6

Robinson K - 8 Academy

Public | KG - 8
6

Roosevelt Elementary School

Public | KG - 5
6

Mann Elementary School

Public | KG - 5
5

Elizabeth Beth Hudson K - 8 School

Public | KG - 8
5

Daniel Webster Elementary School

Public | KG - 5
5

Dominguez Elementary School

Public | KG - 5
5

Oropeza Elementary School

Public | KG - 5
5

Smith Elementary School

Public | KG - 5

Middle Schools 8

9

Intellectual Virtues Academy of Long Beach

Public | 6 - 8
7

Hughes Middle School

Public | 6 - 8
6

Franklin Classical Middle School

Public | 6 - 8
6

Jessie E. Nelson Academy

Public | 6 - 8
5

Stephens Middle School

Public | 6 - 8
5

Washington Middle School

Public | 6 - 8
4

Rancho Dominguez Preparatory School

Public | 6 - 12
0

Regency High School

Private | 7 - 12

High Schools 6

7

Renaissance High School for the Arts

Public | 9 - 12
6

Polytechnic High School

Public | 9 - 12
1

Cabrillo High School

Public | 9 - 12
0

Reid High School

Public | 11 - 12
0

Educational Partnership High School

Public | 9 - 12
0

St Anthony High School

Private | 9 - 12

School and business data provided by Attom Data.

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2015 Cedar Ave Long Beach, CA 90806