2441 Cedar Avenue, Long Beach, CA 90806
- $1,100,000
- List Price
- $1,100,000
- Status
- ACTIVE
- Days on Market
- 16
- MLS#
- SB26171308
- Subtype
- Residential Income
- Year Built
- 1940
- Lot Size
- 6,630
- Acres
- 0.15
- Subdivision
- Wrigley Area (Wr)
- Neighborhood
- Wrigley Area (Wr)
- MLS Area Major
- Wrigley Area (5)
Property Description
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.
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Additional Information
- Heating
- Natural Gas, Wall Furnace
- Pool Type
- None
- Garage Spaces
- 8
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Listing courtesy of Listing Agent: Charles Fisher (Charles@FisherRealEstate.com) from Listing Office: Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.