James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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Residential IncomeFor Sale
$1,325,000
1701 Cedar Avenue
Long Beach, CA 90813
Listed by Juan Huizar DRE#01417642 [email protected] Sage Real Estate
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$6,939/mo

1701 Cedar Ave, Long Beach, CA – A Rare Investment Opportunity, 78% upside in rents. A truly one-of-a-kind 4-plex in Long Beach. This property stands out as the only 4-plex on the market offering such a large and versatile bedroom and bathroom configuration, making it a prime choice for investors or owner-occupants looking to maximize rental income and meet the growing demand for multi-generational housing. The unit mix includes: - A spacious 5-bedroom, 2-bath unit - A generous 4-bedroom, 2-bath unit - A comfortable 3-bedroom, 1-bath unit - A cozy 1-bedroom, 1-bath unit These varied configurations provide the perfect setup for extended families or larger households seeking space and convenience. Additionally, the property is individually submetered for gas and electric, ensuring easy utility management and potential cost savings. Situated on a two-story corner lot, the property features two garages, enhancing its appeal and functionality. Its prime location offers easy access to the best of Long Beach, making it a valuable opportunity for both investors and future residents alike. Don’t miss the chance to own this unique, income-generating asset with outstanding potential for future growth!

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Information courtesy of Sage Real Estate is subject to verification and is not guaranteed.
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