Long Beach, CA 90813,1425 Cedar AVE
Long Beach, CA 90813,1425 Cedar AVE
Long Beach, CA 90813,1425 Cedar AVE
5
$1,682,500
$1,850,000
9.1%
Est.Price: ?

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6,691 Sqft Lot

1425 Cedar AVE Long Beach, CA 90813

Est. payment /mo
SOLD DATE : 11/08/2024

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Key Details

Sold Price $1,682,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CROC24166043

Sold Date 11/08/24

Originating Board California Regional MLS

Year Built 1953

Lot Size 6,691 Sqft

Property Description

The subject property is a 10-unit two-story walk-up style building, with 6,222 square feet. There are 8 one-bedroom/one-bath units plus 2 two-bedroom/one-bath units. All units have separate gas and electric meters. The building also contains 4 garages plus a coin-opearated on-site laundry both of which yield extra income. Great location close to middle school, shopping, public transit, close to downtown Long Beach and Beaches.This property always stays rented and is currently 100% occupied. This is an Investors dream, easy to rent and easy maintenance.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Rooms

Kitchen Oven Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Laundry Laundry Area, Washer/Dryer - Owned

Exterior

Garage No Parking, Off-Site Parking

Garage Spaces 4.0

Pool None

Building

Water Hot Water, District - Public

Others

Tax ID 7269041021

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Jeff Stearman • Keller Williams OC Coastal Realty
Bought with Jeff Stearman

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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