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338 Cedar Avenue
Long Beach, CA 90802
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.
PROPERTY INFORMATION
| MLS # | PW23183991 | Lot Size | 7,503 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 4,325,000
Price Per SqFt: $ 426 |
DOM | 585 Days |
| Address | 338 Cedar Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 10,150 Sq. Ft. |
| Postal Code | 90802 | Garage | N/A |
| County | Los Angeles | Year Built | 1918 |
| Bed / Bath | 12 / 0 | Parking | N/A |
| Built In | 1918 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 94 (Walker's Paradise)
Transit Score: 75 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,613
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/26/2024 | Price Change | $4,325,000 (-3.89%) |
| 11/06/2023 | Price Change | $4,500,000 (-5.26%) |
| 10/03/2023 | Listed | $4,750,000 |
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Listing provided courtesy of Robert Stepp, Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
