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Back 330 Cedar Avenue
Off Market

330 Cedar Avenue

Long Beach CA 90802

7
25
2
14055 sq. ft.
7513 sq. ft.
Other
Last sold for $4,695,000
Jonathan SwireJonathan Swire, last sold this property on 13 August 2026 after 271 days on market.

Overview

PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

Features

7 bedrooms
25 bathrooms
2 carspaces
14055 sq. ft. floor area
7513 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 7 bedroom other properties sold in Long Beach over the last 12 months.

Property history for 330 Cedar Avenue

2026
Sold
$4,695,000
13 Aug 2026 by Jonathan Swire, of The Agency

Happy sellers in Long Beach

~%

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 7 bedroom other properties in Long Beach

In the last 12 months, 1 seven-bedroom other similar to 330 Cedar Avenue, have been sold.

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

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