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    1527 Cedar Ave

    Long Beach, CA 90813
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 122 days
    • MLS #: PTP2100047
    Under Contract
    UPDATED: 67 min ago
    $1,100,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,013
      SQFT
    • $365
      $/SQFT
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    An exceptional opportunity to acquire an investment commercial 6 units, 7 bedrooms and 6 bathrooms, 2 car garages, plenty street parking. An opportunity awaits for those seeking an incomparable investment building in the up coming Long Beach neighborhoods, a unique blend of commercial and residential uses.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T11:34:00.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/112975031
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    1527 Cedar Ave Long Beach, CA 90813

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 67 min ago
    • MLS #: PTP2100047
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,013
    SQFT
    $365
    $/SQFT
    1953
    Built
    County:
    Los Angeles
    Property Description
    An exceptional opportunity to acquire an investment commercial 6 units, 7 bedrooms and 6 bathrooms, 2 car garages, plenty street parking. An opportunity awaits for those seeking an incomparable investment building in the up coming Long Beach neighborhoods, a unique blend of commercial and residential uses.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Total 2 Pool Features No Permits Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Washer Common Walls 2+ Common Walls

    Property Features

    Cap Rate 21 Community Features BikingCurbsSuburbanUrban Fuel Expense 100 Garage YN Yes Gross Income 70000 Gross Scheduled Income 70000 Insurance Expense 2030 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 41000 New Taxes Expense 8448 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 20956 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 80 Water Sewer Expense 200 Water Source Public Zoning Commercial Units

    Listing provided courtesy of Aisa Tu of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T11:34:00.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
     
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