2015 Cedar Ave, Long Beach, CA 90806
List Price: $2.04M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1956
Lot Size: 6,375 sq ft
Garage Spaces: 6
MLS Number: NP26204608
About This Property
Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the South 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. Recent improvements include an updated roof, electrical system, and unit interior renovations allowing for an investor to acquire a low maintenance building in a strong rental location. With rents slightly below market, this asset provides immediate cash-flow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.
Listing provided by: Ryan Pratt DRE #02179841 949-688-6530 ryan@skylinecommercialadvisors.com, Skyline Commercial Real Estate
Source: CRMLS, MLS #: NP26204608
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.