Listing provided courtesy of Mark Kelaidis of Pacific Sotheby's Int'l Realty. Last updated 2024-05-03 08:11:21.000000. Listing information © 2023 CRMLS.

Asking Price: $600,000

619 Cedar, Long Beach CA 90802

Community: ​4 - Downtown Area, Alamitos Beach

Status: Active


This Own Your Own property was built in 1955 and is priced at $600,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372662174
  • Type: Own Your Own
  • Year Built: 1955
Discover a prime opportunity in the heart of Downtown Long Beach with this unique offering of three Own-Your-Own units at 619 Cedar Avenue. This bundle includes two studio apartments and a single 1-bedroom unit. Perfectly positioned within walking distance to Pine Avenue's vibrant dining and entertainment scene, and close to metro rail services, these units are primed for solid rental demand. Currently, rents are below market value, offering significant upside potential with a proforma cap rate of 6.5%. Ideal for those looking to capitalize on Long Beach's dynamic rental market, these units present a chance to secure a low-maintenance property with a high return on investment.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600