833 Cedar
Long Beach, CA 90813
0
Bed
0
Bath
6,494Sqft
7,506Sqft(Lot)
9% cap rate! Beautiful craftsman bungalow with 2 units and 6 additional units available in downtown Long Beach just minutes to the beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in a prime area in Long Beach. This unique multi family property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benef
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: Electric, Natural Gas
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Building Information
Year Built: 1931Building Area Total: 6494Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7506 Lot Size Acres: 0.1723 Lot Size Source: Assessor Lot Size Square Feet: 7,506 Lot Description: 6-10 Units/AcreProperty Information
Subdivision: Downtown (DT) Source Property Type: Residential Income Property SubType: Apartment Property Age: 95
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Listing Price Information
Listing Price: $1850000Cash, Cash to New Loan, Conventional
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Tax Information
Parcel Number: 7272014010 Tax Lot: 2 Tax Year: 2024 Annual Tax: $14854
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Virtual Tour
Parking Information
Parking Total: 4 On StreetGarage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: Cedar Ave north of 8th Street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1036 Cherry Avenue, Long Beach, CA, 90813 | $2,275,000 | 10 | 8 | 4,722 | 4,722 SqFt |
| 1061 N Minerva, Long Beach, CA, 90813 | $595,000 | 1 | 1 | 703 | 703 SqFt |
| 1050 Gaviota, Long Beach, CA, 90813 | $4,500,000 | -- | -- | 12,928 | 12,928 SqFt |
| 1323 Walnut Ave, Long Beach, CA, 90813 | $1,599,000 | 8 | 6 | -- | |
| 1390 Gundry Avenue, Long Beach, CA, 90813 | $530,000 | 1 | 1 | 654 | 654 SqFt |
| 755 Gaviota Avenue, Long Beach, CA, 90813 | $2,875,000 | 2 | 2 | -- | |
| 933 Walnut Avenue, Long Beach, CA, 90813 | $959,000 | 3 | 2 | 1,312 | 1,312 SqFt |
| 1377 Warren Avenue, Long Beach, CA, 90813 | $1,627,000 | 4 | -- | 4,944 | 4,944 SqFt |
| 1416 Orange, Long Beach, CA, 90813 | $1,299,999 | 6 | 4 | 2,926 | 2,926 SqFt |
| 1310 E Hellman, Long Beach, CA, 90813 | $1,599,000 | 10 | 5 | -- |
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ByOwner last updated this listing 08/20/2026 @ 00:09
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