1467 Cedar Ave Long Beach, CA 90813
Active
$2,800,000
12 Units
20 Beds
12 Baths
8,858 Area(sq.ft.)
7,432 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 1 | 1 | No | $ 1,434 | $ 5,736 | $ 7,000 |
| Unit 2 | 8 | 2 | 1 | No | $ 1,642 | $ 13,137 | $ 18,000 |
| 2 | 12 | 20 | 12 | $ 18,872 | $ 128,040 | $ 172,000 |
| MLS #: | 24-463183 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 316 |
| Price per unit: | $ 233,333 |
| Year Built: | 1963 |
Property Details
1467 Cedar Ave. is a 12-unit value-add asset located in Long Beach. The property offers one- & two-bedroom floor plans and option to convert existing garages into additional unit(s).Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 219,682 |
| Total Annual Expense: | $ 93,602 |
| Net Operating Income: | $ 126,079 |
| Gross Annual Income: | $ 226,476 |
| Gross Rent Multiplier: | 12.36 |
Structure
| Type of Units: | Apartments |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Parking Garage: | Garage - 1 Car |
Interior
| AC/Cooling: | Other |
| Equipment: | None |
| Heating: | Other |
Exterior
Detailed Map
Schools
Find a great school for your child
Income
