$3,949,753
$4,325,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
338 Cedar Avenue Long Beach, CA 90802
10,150 SqFt
Key Details
Sold Price $3,949,753
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 10,150 sqft
Price per Sqft $389
Subdivision Downtown
MLS Listing ID PW-23183991
Sold Date 07/29/25
Year Built 1918
Lot Size 7,503 Sqft
Property Sub-Type Commercial/Residential
Property Description
338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 10.98 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers.The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBPD30
Interior
Laundry Inside
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer
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