833 Cedar Ave, Long Beach, CA 90813
Eight-unit craftsman building with recent plumbing and vinyl windows; tenants pay electricity for heating.
- Added:
- Feb 13, 2026
- Days on Market:
- 135
- Last Refresh:
- Jun 27 at 5:02 am
Property Features for 833 Cedar Ave
General Information
- Standard status
- Active
- Size
- 6,494 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1931
Listing office Keller Williams Pacific Estates (562) 355-8060
Listing date Feb 13, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Pacific Estates
HighLights
- 8‑unit apartment building (Year built 1931) in Downtown Long Beach with 6,494 SF across two buildings
- 7,506 SF lot with a robust unit count and substantial building size for income‑focused buyers
- 100% new plumbing installed 3 to 4 years ago
- New vinyl windows throughout
- Electric heaters with tenants paying their own electricity for heating
- LBPD10 zoning
Overview
The property is located at 833 Cedar Ave in Long Beach, California, on a 7,506 square foot lot. It is identified as LBPD10, a planning district that supports flexible development possibilities under the City’s land use regulations.
For buyers seeking an income-oriented apartment asset, the combination of an eight-unit configuration, meaningful interior upgrades, and tenant-paid heating via electricity can support practical day-to-day operations. The two-building layout and recent building updates may also appeal to investors evaluating residential income property options in Long Beach.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.1k | $40.20 |
| − Vacancy | −$11.0k | −$1.69 |
| EGI | $250.1k | $38.51 |
| − OpEx | −$112.5k | −$17.33 |
| NOI | $137.6k | $21.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1954309
- Latitude
- 33.7773034
