Back to Search
338 Cedar Ave
For Sale $4,325,000
$4,325,000
- 17 Units
- Unknown Sq Ft
- 7,503 Sq Ft
- Unknown Cap Rate
Description
338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 10.98 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled
with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers.The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,325,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1918 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7280015006 |
| MLS # | PW23183991 |
| Property ID | 319902446 |
| Lot Sqft | 7,503 |
| Zoning | LBPD30 |
| Total Units | 17 |
| Days on Market | 482 |
| Original List Price | $4,750,000 |
| Date Updated | January 13, 2025 |
| Date Created | October 02, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Robert Stepp an agent of . Lic #01456379
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT