1701 Cedar AVE new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,798 sqft
Price per Sqft $348
Subdivision Poly High (Ph)
MLS Listing ID PW24218515
Year Built 1955
Lot Size 4,138 Sqft
Property Description
1701 Cedar Ave, Long Beach, CA – A Rare Investment Opportunity, 78% upside in rents.
A truly one-of-a-kind 4-plex in Long Beach. This property stands out as the only 4-plex on the market offering such a large and versatile bedroom and bathroom configuration, making it a prime choice for investors or owner-occupants looking to maximize rental income and meet the growing demand for multi-generational housing.
The unit mix includes:
- A spacious 5-bedroom, 2-bath unit
- A generous 4-bedroom, 2-bath unit
- A comfortable 3-bedroom, 1-bath unit
- A cozy 1-bedroom, 1-bath unit
These varied configurations provide the perfect setup for extended families or larger households seeking space and convenience. Additionally, the property is individually submetered for gas and electric, ensuring easy utility management and potential cost savings.
Situated on a two-story corner lot, the property features two garages, enhancing its appeal and functionality. Its prime location offers easy access to the best of Long Beach, making it a valuable opportunity for both investors and future residents alike.
Don’t miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
Location
State CA
County Los Angeles
Area 9 - Poly High
Zoning LBR4N
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling None
Flooring Carpet
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Utilities Available Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard