936 Cedar Ave, Long Beach, CA 90813

$4,040,000
9
BD
14
BA
8,181
SqFt
Sold Price
$4,040,000
List Price
$4,250,000
Closing Date
Sep 16, 2022
MLS#
22-157851
Status
SOLD
Type
Multifamily
Bedrooms
9
Bathrooms
14
Living Area
8,181

Property Description

14 units in Long Beach blocks from Down town and all the redevelopment. Excellent unit for the location with onsite parking (currently all rented). All units have been heavily updated including new kitchens, bath, fixtures, flooring and all exterior areas. No work to be done. Property is professionally managed and well maintained. All units are rented and there is some rental upside for the Buyer to obtain as rent increases are issued. The property is subject to AB1482 Rent Control allowing for 10% increases in 2022. EMAIL LISTING AGENT FOR MORE INFO AND RENT ROLL.

Additional Information

Year Built
1957
Garage
None

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of The Agency, Jonathan Swire. Selling Office: .

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