SoldJun 26, 2023

Listed by Jonathan Weir from Marcus & Millichap

, 

Bought with Victor Fonseca

Source: Combined LA Westside Multiple Listing Service, Inc #23234221

2425 Cedar Avenue, Long Beach, CA, 90806

$1,565,000

7
5
6
4230 sq. ft.
6582 sq. ft.

Other

•

30+ days on the market

Sold: Jun 26, 2023

What's around 2425 Cedar Avenue

About this property

We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

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