Listed by Betsy Hutchinson, Coldwell Banker Realty,

2309 Cedar Avenue

Long Beach, CA, 90806

$4,600,000

$699 per ft²
$4,600,000
$699 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
6,579 ft²
property_type
Multi-family
calendar
Built 1962
Look no further! Add 2309 and 2317 to your property portfolio and watch the profits flow! 2309 Cedar Ave and 2317 Cedar Ave offered at $4,600,000. to be sold together as joined by one common courtyard. Walk into this gated community to find yourself in the recently re-landscaped courtyard. Beautiful Olive tree in the center with plants that wrap around it and plants in front of the units. Two properties have one building on each lot. Each building has 8 large units, 16 units together. Total of four 2 bed 2 bath, and total of twelve 1 bed 1 bath. Total of four 1 bed 1 bath have private balconies. Each unit is spacious and has tons of storage. All units have been upgraded. Refinished hardwood floors or vinyl planks, granite counter tops in baths and kitchens. Total of twelve 1 car garages. Laundry room completely overhauled in 2019 for extra income. Upgrades include: new plumbing, 4 washer hook-ups, 4 dryer hook-ups, 3 new energy efficient stack-able washer and dyers, new flooring, new paint, new water heater cover, new light fixture, and new door that leads out the freshly laid pebble on the side yard. Highly desirable rental area! Great long term tenants! Great Location! Great income! Great opportunity! This won’t last! See you in escrow!
MLS® ID:
PW22013010
Listed:
1/19/22
Updated:
10/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
6,500 ft² lot
Lot Details
Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Landscaped
Sewer
Public Sewer

Other Property Details

Area Name
5 - Wrigley Area
HOA Amenities
Curbs, Gutter(s), Street Lights, Sidewalks
Garage
Yes
Garage Spaces
12
Parking
Y
Parking Total
12.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
LBR1N

Property History

Date
Event
Price
Value
2/9/22
Price Change
$4,600,000
-7%

 

Listed by Betsy Hutchinson, Coldwell Banker Realty,

Based on information from California Regional Multiple Listing Service, Inc. as of 10/5/22. 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.

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Data last updated 8:31 AM UTC, 10/5/22

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