2033 Cedar Avenue,Long Beach, CA 90802
Unit
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
2033 Cedar Avenue,Long Beach, CA 90802
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Unit
Current GRM
Market GRM
2033 Cedar Avenue is a nicely landscaped 8-unit apartment building on a tree-lined street in Long Beach, California. The property consists of two buildings with a shared courtyard on a 6,706-square-foot lot, and an attractive mix of two-bedroom, one-bedroom, and studio units
Approximately two-thirds of the units have been renovated with new interior paint throughout, new kitchen and vanity cabinets, granite or new Formica countertops and Life-Proof locking or linoleum flooring.
Each unit in the front building has a dedicated laundry room with washer/dryer and hot water heater. The rear building has one shared laundry room equipped with a washer/dryer.
Located five minutes from Downtown Long Beach and just a few minutes away from the 710 and 405 freeways, 2033 Cedar Avenue provides a new owner with a well-located property at 12.92 x gross on current rents.