833 Cedar, Long Beach, CA 90813 | For Sale

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For Sale $1,850,000

$1,850,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 7,506 Sq Ft

Description

Great income at 9% cap rate! Beautiful Craftsmen Available in Downtown Long Beach, minutes to the beach, Shoreline Village, and the Pike! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,850,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 4 spots
Year Built 1931
Last Sold Unknown
Sold Price Unknown
APN # 7272014010
MLS # PW26094892
Property ID 322820303
Lot Sqft 7,506
Zoning LBPD10
Total Units 8
Days on Market 107
Original List Price $1,850,000
Date Updated May 06, 2026
Date Created January 21, 2026
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Listing Provided By

Denise Reesha an agent of Keller Williams Pacific Estates. Lic #01411207


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 06, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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