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Listed by Christopher Van Vuuren • Lyon Stahl Investment Real Estate, Inc.
$ 1,399,000
Est. payment /mo
New
1629 Cedar Ave Long Beach, CA 90813
3,091 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,091 sqft
Price per Sqft $452
MLS Listing ID CRSB25237854
HOA Y/N No
Year Built 1942
Lot Size 7,551 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Fantastic opportunity to own a cash-flowing 4-unit property in the heart of Long Beach! This single-story building features four spacious 2-bed/1-bath units with long-term tenants on month-to-month leases. The property offers secure gated entry, (4) 1-car garages, and a storage room, providing both convenience and extra income potential. The detached garage structure offers excellent ADU potential above (buyer to verify), creating the opportunity to add value and increase future cash flow. With its low-maintenance design and steady income, this property is ideal for investors or an owner-occupant looking to live in one unit and rent out the others. Located just minutes from Downtown Long Beach, parks, shopping, and major freeways, the property also benefits from the $175 million redevelopment of Washington Middle School just down the street on Cedar Ave, a transformative project that underscores the city's investment in the neighborhood and enhances long-term community appeal.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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