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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 : Residential Income

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 Bedrooms: 7

    Bathroom Information

    Total Baths: 25 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1915 Building Area Total: 14,055

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1725 Lot Size Dimensions: 100x150
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7513

  • Listing Price Information

    Original List Price: 4,746,700 Listing Contract Date: 2025-11-13
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 7280015009

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 4 - Downtown Area, Alamitos Beach Directions: 25 Units in Downtown Long Beach blocks from the Ocean and Pike Place. Zoning: LBPD30 Source Property Type: Residential Income Area: 4 - Downtown Area, Alamitos Beach
  • Building and Construction

    Property Age: 111 Year Built Source: Vendor Enhanced Total Square Feet Living: 14055 Levels or Stories: Three Or More,Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1820 E 2nd, Long Beach, CA, 90802 $5,150,000 -- -- 8,130 8,130 SqFt
1545 E 4th Street, Long Beach, CA, 90802 $1,647,300 7 -- 4,770 4,770 SqFt
1427 E 4th, Long Beach, CA, 90802 $1,999,000 -- -- 5,065 5,065 SqFt
1250 E 4th, #8, Long Beach, CA, 90802 $280,000 1 1 654 654 SqFt
1060 E 6th Street, Long Beach, CA, 90802 $890,000 2 -- 1,548 1,548 SqFt
1042-1048 E Broadway, Long Beach, CA, 90802 $1,749,000 -- -- 3,576 3,576 SqFt
1013 E Appleton #1, Long Beach, CA, 90802 $415,000 2 1 862 862 SqFt
930 E 1st Street #2, Long Beach, CA, 90802 $310,000 1 1 557 557 SqFt

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ByOwner last updated this listing 06/04/2026 @ 10:05

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

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