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330 Cedar Avenue

Long Beach, CA 90802
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Bed 7

Bed

Bath 0

Bath

SqFt14,055

Sqft

SqFt7,513

Sqft(Lot)

PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provi ded by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,746,700

AD Id : 68728337

MLS Id : 25618923

Beds : 7

Lot Size : 7,513 Sqft

Living Area Size : 14,055

Year Built : 1915

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 25
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1915
    Building Area Total: 14055
    Private Pool: No

  • Lot Information

    Lot Dimensions: 100x150 Main Square Feet: 7513 Lot Size Acres: 0.1725 Lot Size Square Feet: 7,513

  • Listing Price Information

    Listing Price: $4746700
    Original Price: $4750000

  • Tax Information

    Parcel Number: 7280015009

  • Location Information

    Direction: 25 Units in Downtown Long Beach blocks from the Ocean and Pike Place.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1827 E 4th Street, Long Beach, CA, 90802 $7,400,000 -- -- 15,168 15,168 SqFt
1738 E 4th Street #15, Long Beach, CA, 90802 $279,000 -- 1 398 398 SqFt
1738 E 4th, Long Beach, CA, 90802 $299,998 -- 1 397 397 SqFt
1785 E 3rd, Long Beach, CA, 90802 $2,125,000 -- -- 4,321 4,321 SqFt
535 Nebraska, Long Beach, CA, 90802 $925,000 2 1 1,211 1,211 SqFt
1427 E 4th, Long Beach, CA, 90802 $1,999,000 2 6 --
530 Almond Avenue, Long Beach, CA, 90802 $1,250,000 3 -- 1,962 1,962 SqFt
1250 E 4th, #8, Long Beach, CA, 90802 $280,000 1 1 654 654 SqFt
216 Esperanza, Long Beach, CA, 90802 $1,449,000 -- -- 3,816 3,816 SqFt
1311 E 1st #12, Long Beach, CA, 90802 $409,000 1 1 817 817 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/23/2026 @ 09:59

MLS: 25618923 LISTED BY: Jonathan Swire, The Agency 424-230-3700 SOURCE: CRMLS

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