Active

833 Cedar

Long Beach, CA 90813
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Bed 0

Bed

Bath 0

Bath

SqFt6,494

Sqft

SqFt7,506

Sqft(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 its from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, shopping, dining, entertainment, and public transportation, and easy freeway access. With its robust unit count, considerable square footage (studios 655 sf), advantageous zoning, and recent improvements, 833 Cedar Avenue is an excellent acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,850,000

AD Id : 87355414

MLS Id : PW26094892

Lot Size : 7,506 Sqft

Living Area Size : 6,494

Year Built : 1931

Garage : 4

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Heating Source

    Electric,Natural Gas Has Heating

  • Building Information

    Year Built: 1931 Building Area Total: 6,494
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Public Records Lot Size Acres: 0.1723
  • Lot Size Source: Assessor Lot Size Square Feet: 7506

  • Listing Price Information

    Original List Price: 1,850,000 Listing Contract Date: 2026-01-21
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7272014010 Tax Year: 2024 Annual Tax: 14854

  • Garage and Parking

    Garage Description: On Street

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 4 - Downtown Area, Alamitos Beach Directions: Cedar Ave north of 8th Street Zoning: LBPD10 Source Property Type: Residential Income Area: 4 - Downtown Area, Alamitos Beach Property SubType: Apartment
  • Building and Construction

    Property Age: 95 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes
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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 -- 4,722 4,722 SqFt
1081 Cherry Avenue, Long Beach, CA, 90813 $1,050,000 2 -- 2,773 2,773 SqFt
1050 Gaviota, Long Beach, CA, 90813 $4,500,000 -- -- 12,928 12,928 SqFt
933 Walnut Avenue, Long Beach, CA, 90813 $980,000 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
1037 N Almond Court, Long Beach, CA, 90813 $769,000 3 1 1,224 1,224 SqFt
1310 E Hellman, Long Beach, CA, 90813 $1,725,000 -- -- 5,735 5,735 SqFt
1242 E 7th St, Long Beach, CA, 90813 $1,150,000 -- -- 2,875 2,875 SqFt
1448 Lemon Avenue, Long Beach, CA, 90813 $620,000 2 1 968 968 SqFt

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ByOwner last updated this listing 07/05/2026 @ 11:08

MLS: PW26094892 LISTED BY: Julio Bonilla, Keller Williams Pacific Estates 562-513-7800 SOURCE: CRMLS

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