Long Beach, CA 90802,330 Cedar AVE
Long Beach, CA 90802,330 Cedar AVE
Long Beach, CA 90802,330 Cedar AVE
18
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$4,750,000
Est. payment /mo
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7 Beds
25 Baths
14,055 SqFt
Active

330 Cedar AVE Long Beach, CA 90802

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Cole & Monica Mitchell

Cole & Monica Mitchell

+1(818) 875-7561

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 14,055 sqft

Price per Sqft $337

MLS Listing ID 25618923

Bedrooms 7

HOA Y/N No

Year Built 1915

Lot Size 7,514 Sqft

Property Description

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. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBPD30

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 2

Building

Entry Level Three Or More,Multi/Split

Level or Stories Three Or More, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 7280015009

Special Listing Condition Standard

CRMLS – RECore
Listed by Jonathan Swire The Agency

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Signal Hill Elementary School

    Public | KG - 5

  • 8

    Alvarado Elementary School

    Public | KG - 5

  • 7

    Muir Academy

    Public | KG - 8

  • 7

    Chavez Elementary School

    Public | KG - 5

  • 7

    Birney Elementary School

    Public | KG - 5

  • 7

    Lafayette Elementary School

    Public | KG - 5

  • 7

    Robert Louis Stevenson Elementary School

    Public | KG - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 6

    Garfield Elementary School

    Public | KG - 5

  • 6

    Robinson K - 8 Academy

    Public | KG - 8

  • 6

    Roosevelt Elementary School

    Public | KG - 5

  • 6

    Mann Elementary School

    Public | KG - 5

  • 5

    Elizabeth Beth Hudson K - 8 School

    Public | KG - 8

  • 5

    Oropeza Elementary School

    Public | KG - 5

  • 5

    Smith Elementary School

    Public | KG - 5

  • 5

    Burbank Elementary School

    Public | KG - 5

  • 5

    Nieto Herrera Elementary School

    Public | KG - 5

  • 5

    Willard Elementary School

    Public | KG - 5

  • 4

    Edison Elementary School

    Public | KG - 5

  • 2

    John G. Whittier Elementary School

    Public | KG - 5

Middle Schools 5
  • 6

    Franklin Classical Middle School

    Public | 6 - 8

  • 6

    Jessie E. Nelson Academy

    Public | 6 - 8

  • 5

    Stephens Middle School

    Public | 6 - 8

  • 5

    Washington Middle School

    Public | 6 - 8

  • 0

    Regency High School

    Private | 7 - 12

High Schools 8
  • 7

    Renaissance High School for the Arts

    Public | 9 - 12

  • 6

    Polytechnic High School

    Public | 9 - 12

  • 1

    Cabrillo High School

    Public | 9 - 12

  • 1

    Beach High-Intensive Learning Program

    Public | 9 - 12

  • 0

    Reid High School

    Public | 11 - 12

  • 0

    Educational Partnership High School

    Public | 9 - 12

  • 0

    St Anthony High School

    Private | 9 - 12

  • 0

    Long Beach Unified School District Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.
Cole & Monica Mitchell
Cole & Monica Mitchell

+1(818) 875-7561 | cole@mitchellteam.net

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330 Cedar AVE