2425 Cedar, Long Beach, CA 90806

$1,685,000

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List Price
$1,685,000
Status
ACTIVE
MLS#
SR26242372
Year Built
1956
Lot Size
6,584
Acres
0.15
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Fully occupied five-unit income property in Long Beach, offered at $1,685,000. Two buildings on one lot: a Spanish Revival front building with clay tile roof, arched windows, and metal awnings, plus a mid-century rear building with garage parking below. Unit mix is two 2bd/2ba and three 1bd/1ba. All units are occupied, and tenants pay their own utilities. Gross scheduled income is $121,020 per year. Recent exterior paint, updated windows, and new landscaping. Do not disturb tenants. Call for details.

Additional Information

Appliances
Dryer, Washer
Water
Public
Attached Structure
Detached
Number Of Units Total
12139

Listing courtesy of Listing Agent: Robert Biggs III (robert.biggsiii@gmail.com) from Listing Office: The ONE Luxury Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.