442 Cedar Avenue is a 22-unit multifamily investment opportunity located in Long Beach, CA. The property offers a mix of studio, one, and two-bedroom floor plans with amenities including security doors, gated access, and four garage spaces. 442 Cedar Avenue is situated in a fantastic Downtown Long Beach location, surrounded by an abundance of retail, dining, and entertainment options, as well as employers. Additionally, the property’s close proximity to Interstate 710 provides convenient access to the Port of Long Beach and the Port of Los Angeles, two of the busiest ports in the world and a major employment hub for the region. Furthermore, 442 Cedar Avenue is within close proximity of all three levels of education.
Sold for $3,520,000
Listed by: Marcus & Millichap RE Invest • Tyler Leeson • Contact: 949-419-3326
Bought with: Buckingham Investments, Inc
$3,520,000
442 Cedar Ave, Long Beach, CA 90802
5beds
22baths
9,699sqft
Multi Family
Built in 1923
-- sqft lot
$2,167,400 Zestimate®
$363/sqft
$3,075 Estimated rent
Home value
$2,167,400
$1.69M - $2.82M
$3,075/mo
Zestimate® history
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$22,262/mo
Est. payment
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$22,262/mo
Est. payment
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Two-bedroom floor plansGated accessSecurity doors
Zillow last checked:
Listing updated:
Listed by:
Tyler Leeson DRE #01451551 714-713-9086,
Marcus & Millichap RE Invest
Bought with:
Anthony Walker, DRE #01908153
Buckingham Investments, Inc
Source: CRMLS,MLS#: OC24010591
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 22
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,699
- Total interior livable area: 9,699 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,405 Square Feet
- Features: Landscaped
Details
- Parcel number: 7280010005
- Zoning: LBPD30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Subdivision: Downtown (Dt)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $363/sqft
- Date on market: 1/17/2024
- Cumulative days on market: 65 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Total actual rent: 19795
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Sold | $3,520,000$363/sqft |
Source:  CRMLS #OC24010591 Report a problem | ||
| 4/9/2024 | Pending sale | $3,520,000$363/sqft |
Source: CRMLS #OC24010591 Report a problem | ||
| 3/22/2024 | Contingent | $3,520,000$363/sqft |
Source: CRMLS #OC24010591 Report a problem | ||
| 1/18/2024 | Listed for sale | $3,520,000$363/sqft |
Source: CRMLS #OC24010591 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 6/10Chavez Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10Cabrillo High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$2,167,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,167,400
- California
- Los Angeles County
- Long Beach
- 90802
- Downtown
- 442 Cedar Ave
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Nearby neighborhoods
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