330 Cedar Avenue,Long Beach, CA 90802
Unit
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
330 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
330 Cedar Avenue is a historic three-story, 25-unit multifamily asset located in the West Gateway submarket of Downtown
Long Beach, within walking distance to a plethora of employment opportunities as well as Pine Avenue, The Pike and other local attractions.
The property is comprised of 20 studio units, four 1 BD / 1 BA units and one 3 BD / 1 BA unit. In addition to offering the charm and character of hardwood floors, wood built-ins and crown molding, fifteen of the units have been fully renovated in 2019/2020 with new tile and cabinets in kitchens and baths, granite countertops, modern faucets and lighting fixtures.
330 Cedar Avenue offers an investor the opportunity to own a sizable, well-maintained building in the heart of Downtown Long Beach.
