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    330 Cedar Ave Long Beach, CA 90802

    For Sale
    $4,750,000

    MULTI_FAMILY - Long Beach, CA

    Property size:
    14,055 SF
    Lot size:
    0.17 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 330 Cedar Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LBPD30
    Rooms
    Bathroom 14, Bedroom 1, Bathroom 5, Bedroom 6, Bathroom 20, Bathroom 25, Bathroom 1, Bathroom 8, Bedroom 7, Bathroom 15, Bathroom 17, Bathroom 22, Bathroom 18, Bedroom 2, Bathroom 4, Bathroom 23, Bathroom 9, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 11, Bathroom 16, Bedroom 5, Bathroom 7, Bathroom 21, Bathroom 6, Bathroom 19, Bedroom 3, Bathroom 10, Bathroom 13, Bathroom 24, Bathroom 12
    Bedrooms
    7
    Bathrooms
    25
    APN
    7280-015-009
    Parking
    2
    Parking features
    Assigned
    Size
    14,055 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1915
    Floors in Building
    3
    Number of units
    25

    The Agency (424) 230-3700 [email protected]

    Listing agent Jonathan Swire (424) 230-3700 License #01336277

    Listing date Nov 21, 2025

    Copyright © 2025 TheMLSCLAW. 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 Investment

    This 25-unit residential income property is located in the heart of Downtown Long Beach. The property is subject to AB 1482 Rent Control, allowing for a 5% + CPI increase. It is situated blocks from over $8 billion in redevelopment, including the new Library and numerous new apartment complexes and restaurants. The building features updated unit interiors and common areas. Electrical upgrades include a 400 AMP main panel and 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. A separate house in the rear of the property contains two units: a 3-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. The property, professionally managed and well-maintained, presents an investment opportunity with a favorable unit mix for the area. The property size is 14055 square feet, situated on a lot of 0.1725 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.194677
    Latitude
    33.771119

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    FAQs

    What type of property is this?
    Apartment building - 25-unit apartment building near downtown Long Beach redevelopment.
    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 $4,750,000.
    What are key features of this property?
    This property features: - High Income Potential: Under 10 GRM and 6.0% CAP rate, with potential for over 8% cash-on-cash return.; - Prime Location: In the heart of Downtown Long Beach, close to $8BB+ in redevelopment projects.; - Updated Interiors & Common Areas with new laminate flooring.
    (424) 230-3700
    Request Owner's contact information
    330 Cedar Ave Long Beach, CA 90802
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    Long Beach, CA 90802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    330 Cedar Ave Long Beach, CA 90802
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