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702 Cedar AVE
For Sale $899,000 ($351.58 per Sq Ft)
$899,000 ($351.58 per Sq Ft)
- 1 Bedrooms
- 1.00 Bathrooms
- 2,557 Sq Ft
- 3,752 Sq Ft
Description
In the Heart of Alamitos Beach, in the highly desirable Willmore Historical District. This exceptional multi-unit commercial property in Long Beach (90813). The property is currently operating as a thriving herbal retail store. The property features three distinct spaces offering versatile uses and strong investment potential.The primary stand alone commercial unit (702) boasts an expansive open floor plan ideal for retail, a coffee shop, gym, or office space, plus an exclusive-use outdoor patio. Recent upgrades include new recessed lighting, fresh paint, a tankless water heater, a break room, and a renovated restroom.The second commercial space (712) offers prominent street level frontage with an open layout, perfect for high visibility retail or service businesses. The spacious second floor residential unit (714) features beautiful hardwood floors and provides excellent rental income potential or owner occupancy options. The two commercial units are occupied by the same tenant.
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 | $899,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,557 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7272020011 |
| MLS # | 26645179 |
| Property ID | 322551429 |
| Lot Sqft | 3,752 |
| Zoning | LBPD10 |
| Total Units | 3 |
| Days on Market | 14 |
| Original List Price | $899,000 |
| Date Updated | February 06, 2026 |
| Date Created | January 29, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $1,751 | $1,900 |
| Unit #2 | 0 | 1.00 | $3,998 | $4,000 |
| Gross Income (Yr) | $ 68,988 |
| Operating Expenses | $ 0 |
| Net Income (Yr) | $ 0 |
Listing Provided By
David Rosenfeld an agent of . Lic #01109090
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Robert Crawford
REAL ESTATE AGENT