338 Cedar Avenue

Long Beach, CA 90802

PRICE REDUCED

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-$425,000 (-8.95%)

$4,325,000

List Price

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1918

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Property Description

338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 10.98 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers.The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.

Listing Information

List Price $4,325,000
Status Active
MLS PW23183991
Type Residential Income
Subtype Mixed Use
Year Built 1918
Lot Size 7,503
Structure Size N/A
DOM 444
Courtesy Of Keller Williams - Santa Monica
Listing Agent Robert Stepp DRE#01456379

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Robert Stepp, Keller Williams - Santa Monica 310-774-3740. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 20th, 2024 at 5:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.