List Search

330-332 Cedar Ave
Long Beach, CA 90802 Downtown Long Beach

$4,750,000 USD

Apartments For Sale  •  14,055 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,055 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 6.00 %
  • Zoning LBPD30
75 Transit Score
96 Walk Score

Highlights

25 Units in prime Downtown Long Beach under 10 GRM and a 6.0% CAP.
EMAIL LISTING AGENT FOR MORE INFO.
Qualified Buyers can put as little as 28% Down.
Modern Electrical, 5 year old Roof.
Very well maintained asset and professionally managed.
NOT Subject to local rent control - only AB 1482.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
NPS - The Gatsby West

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 3 min 0.1 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 7 min 0.3 mi
1st Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 9 min 0.5 mi
5th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 10 min 0.5 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 13 min - 5.5 mi
John Wayne/Orange County 35 min - 21.6 mi
Los Angeles International 32 min - 21.9 mi
Jon Swire 310-948-2631 The Agency
Jon Swire 310-948-2631 The Agency