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.
For sale
$899,000
702 Cedar Ave, Long Beach, CA 90813
1beds
1baths
2,557sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$352/sqft
$-- HOA
What's special
Open layoutFresh paintRenovated restroomExpansive open floor planProminent street level frontageBeautiful hardwood floorsNew recessed lighting
- 159 days |
- 107 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
David Rosenfeld DRE # 01109090 310-261-8692,
Advantage Real Estate 310-450-4488
Source: CLAW,MLS#: 26645179
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,557
- Total interior livable area: 2,557 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned
Features
- Levels: Two,Multi/Split
- Stories: 2
- Pool features: None
- Spa features: None
Lot
- Size: 3,750 Square Feet
Details
- Additional structures: None
- Parcel number: 7272020011
- Zoning: LBPD10
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Water: District
Community & HOA
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $641,218
- Annual tax amount: $9,747
- Date on market: 1/30/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,421/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Listed for sale | $899,000+4.7%$352/sqft |
Source:  CLAW #26645179 Report a problem | ||
| 8/26/2024 | Listing removed | $859,000$336/sqft |
Source: CLAW #24-356107 Report a problem | ||
| 8/15/2024 | Price change | $859,000-4.4%$336/sqft |
Source: CLAW #24-356107 Report a problem | ||
| 6/20/2024 | Price change | $899,000-3.2%$352/sqft |
Source: CLAW #24-356107 Report a problem | ||
| 4/17/2024 | Listed for sale | $929,000-22.5%$363/sqft |
Source: CLAW #24-356107 Report a problem | ||
| 8/17/2022 | Listing removed | -- |
Source: CLAW #22-128071 Report a problem | ||
| 7/14/2022 | Listed for sale | $1,199,000$469/sqft |
Source: CLAW #22-128071 Report a problem | ||
| 6/15/2022 | Listing removed | -- |
Source: CLAW #22-128071 Report a problem | ||
| 2/17/2022 | Listed for sale | $1,199,000+84.5%$469/sqft |
Source: CLAW #22-128071 Report a problem | ||
| 2/27/2018 | Sold | $650,000+0%$254/sqft |
Source: Public Record Report a problem | ||
| 2/7/2018 | Pending sale | $649,999$254/sqft |
Source: Cerritos #DW17247607 Report a problem | ||
| 1/31/2018 | Price change | $649,999+1.6%$254/sqft |
Source: Cerritos #DW17247607 Report a problem | ||
| 1/29/2018 | Pending sale | $639,900$250/sqft |
Source: Cerritos #DW17247607 Report a problem | ||
| 1/29/2018 | Listed for sale | $639,900+43.5%$250/sqft |
Source: Cerritos #DW17247607 Report a problem | ||
| 8/17/2017 | Sold | $446,000-0.9%$174/sqft |
Source: Public Record Report a problem | ||
| 3/26/2014 | Sold | $450,000+69.8%$176/sqft |
Source: Public Record Report a problem | ||
| 8/6/2012 | Sold | $265,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,747 +4.7% | $694,071 +2% |
| 2024 | $9,309 +1.8% | $680,462 +2% |
| 2023 | $9,145 +6.4% | $667,121 +2% |
| 2022 | $8,593 +2.2% | $654,041 +2% |
| 2021 | $8,409 +0.3% | $641,218 +1% |
| 2020 | $8,387 | $634,644 +2% |
| 2019 | $8,387 +38.5% | $622,200 +39.6% |
| 2018 | $6,054 | $445,700 -6.2% |
| 2017 | $6,054 -6.2% | $475,307 +2% |
| 2016 | $6,456 +7.5% | $465,988 +1.5% |
| 2015 | $6,006 | $458,990 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Willmore City
Nearby schools
GreatSchools rating
- 5/10International Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Cabrillo High SchoolGrades: 9-12Distance: 1.8 mi
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