Property Details
About this Property
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!
MLS Listing Information
MLS #
CRPW24218515
MLS Source
California Regional MLS
Days on Site
28
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1701 Cedar Ave is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 4,140 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,325,000 and was built in 1955. This address can also be written as 1701 Cedar Ave, Long Beach, CA 90813.
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This listing information is up-to-date as of October 29, 2024. For the most current information, please contact Juan Huizar
