833 Cedar, Long Beach, CA 90813
Apartment - Long Beach, CA
- Added:
- May 5, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 21 at 4:06 pm
Property Features for 833 Cedar
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- LBPD10
- Bedrooms
- 4
- Bathrooms
- 9
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking
- 4
- Exterior features
- Community Features Included: Curbs, Watersports, Biking, Street Lights, Sidewalks, Park, 6-10 Units/Acre
- Standard status
- Active
- APN
- 7272014010
- Size
- 6,494 SF
- Lot size
- 7,506.00 Acres
Utilities
- Heating system
- Electric (Heating), Natural Gas
Building Details
- Year built
- 1931
- Floors in Building
- 2
- Number of units
- 8
- Architectural style
- Other
Listing agent Denise Reesha License #01411207 (562) 301-9538
Listing office Keller Williams Pacific Estate 2883 E. Spring Street Ste.100, Long Beach, CA (562) 513-7800
Listing date May 5, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 9% cap rate: high return on investment.
- Prime downtown Long Beach location: close to the beach, amenities, and public transportation.
- 8 units: substantial rental income potential.
- Advantageous LBPD10 zoning: allows for higher density development potential.
- Recent upgrades: new plumbing and vinyl windows throughout.
- Tenant‑paid heating: electric heaters reduce landlord expenses.
Overview
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
