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$1,325,000
Est. payment /mo
13 Beds
6 Baths
4,140 Sqft Lot
UPDATED:
10/29/2024 02:15 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24218515
Bedrooms 13
HOA Y/N No
Lot Size 4,140 Sqft
Property Description
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. Dont miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
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. Dont miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
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. Dont miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
Location
State CA
County Los Angeles
Area Long Beach (90813)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $90
Acceptable Financing Cash
Space Rent $2,200
Listing Terms Cash
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Listed by Juan Huizar • Sage Real Estate
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