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2425 Cedar Avenue

Long Beach CA 90806

5
4230 sq. ft.
6584 sq. ft.
Other
Currently for sale - view listing

Overview

Fully occupied five-unit income property in Long Beach, offered at $1,685,000. Two buildings on one lot: a Spanish Revival front building with clay tile roof, arched windows, and metal awnings, plus a mid-century rear building with garage parking below. Unit mix is two 2bd/2ba and three 1bd/1ba. All units are occupied, and tenants pay their own utilities. Gross scheduled income is $121,020 per year. Recent exterior paint, updated windows, and new landscaping. Do not disturb tenants. Call for details.

Features

5 carspaces
1 open car space
4 garage spaces
4230 sq. ft. floor area
6584 sq. ft. lot size
Other

Property history for 2425 Cedar Avenue

2023
Sold
$1,565,000
26 Jun 2023 by Jonathan Weir, of Marcus & Millichap

Happy sellers in Long Beach

94%
94% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Long Beach over the last 12 months.

Local market activity for other properties in Long Beach

In the last 12 months, 8 other properties similar to 2425 Cedar Avenue, have been sold.

This represents a 100% decrease in other properties sales when compared to the previous 12 months.

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