330 Cedar Ave Long Beach, CA 90802
MULTI_FAMILY - Long Beach, CA
Property size:
14,055 SFLot size:
0.17 AcresPrice / SF:
$337/SF- Added:
- Nov 13, 2025
- Days on Market:
- 162
- Last Refresh:
- Apr 24 at 9:06 pm
Property Features for 330 Cedar Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LBPD30
- Bedrooms
- 7
- Bathrooms
- 25
- Rooms
- Bathroom 23, Bathroom 6, Bathroom 3, Bathroom 11, Bedroom 5, Bathroom 16, Bathroom 25, Bathroom 2, Bedroom 6, Bathroom 14, Bathroom 1, Bathroom 18, Bathroom 12, Bathroom 24, Bathroom 15, Bathroom 5, Bathroom 20, Bathroom 17, Bathroom 21, Bathroom 10, Bathroom 22, Bedroom 1, Bedroom 2, Bathroom 8, Bathroom 13, Bathroom 4, Bathroom 7, Bathroom 9, Bedroom 3, Bathroom 19, Bedroom 7, Bedroom 4
- Parking
- 2
- Parking features
- Assigned
- Standard status
- Active
- APN
- 7280-015-009
- Size
- 14,055 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 25
Listing agent Jonathan Swire License #01336277 (310) 948-2631
Listing office The Agency 331 Foothill Rd. #100, Beverly Hills, CA (424) 230-3700
Listing date Nov 13, 2025
MLS# 25618923
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Long Beach Multifamily Opportunity
This 25-unit multifamily property is located in the heart of Downtown Long Beach. The property features an advantageous unit mix for the area and benefits from professional management and maintenance. It is subject to AB 1482 Rent Control, which allows for a 5% + CPI increase. The building is situated blocks from over $8 billion in redevelopment projects, including the new Library, apartment complexes, and restaurants. The property has undergone significant updates to both unit interiors and common areas. Electrical systems have been upgraded to a 400 AMP main panel, with 60 AMPS in each unit. The roof was replaced in 2020, and the building was retrofitted in 1989. New laminate flooring has been installed throughout the common areas. Onsite laundry facilities are located in the basement area. Additionally, there is a separate house at the rear of the property containing two units: a 3-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit. The property size is 14055 square feet and the lot size is 0.1725 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.194677
- Latitude
- 33.771119
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 25-unit apartment building in downtown Long Beach.
Where is this apartment building located?
The property is located at 330 Cedar Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $4,746,700.
What are key features of this property?
This property features: Excellent investment opportunity with under 10 GRM and 6.0% CAP rate.; Potential for over 8% cash on cash return.; Prime Downtown Long Beach location.
