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1526-1532 Cedar Ave
Long Beach, CA 90813 Downtown Long Beach

$1,150,000 USD

Apartments For Sale • 4,464 SF

Property Details

Property Type Apartments
Total Building Size 4,464 SF
Lot Size 0.18 AC
Building Class C
Year Built 1926
Zoning R4N

68 Transit Score

89 Walk Score

                
                    Highlights
                
                                Immediate upside delivered with 1 vacant unit with 54% rental upside.
                            
                                6.35% CAP Rate | 10.1 GRM
                            
                                ADU potential, 7,735 sqft lot. (Buyer to Verify)
                            
                                Price per unit at 190k per door.
                            
                                (1) 2 bed +1 bath | (5) 1 bed + 1 bath unit mix.

Property Flyers

1526 Cedar Ave Long Beach OM (4)

Amenities

Balcony

Public Transportation

Transit/Subway	Drive	Walk	Distance
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	10 min	-	4.4 mi
Los Angeles International	30 min	-	20.9 mi
John Wayne/Orange County	33 min	-	21.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Stephen Takahashi 310-403-9145 Lyon Stahl Investment Real Estate, Inc.

1526-1532 Cedar Ave Long Beach, CA 90813 Downtown Long Beach