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702 Cedar Avenue

Long Beach, CA 90813
  • $1,199,000
  • STATUS: Active
  • ON SITE: 170 Days
  • ID#: 22128071
UPDATED: 34 min ago
$1,199,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): David Rosenfeld of Advantage Real Estate (310-450-4488)


Description

Looking for a live/workspace? Once the lease is up this is a great owner user. It is a commercially owned property in a residential neighborhood. Unique corner location! Outstanding potential. Mixed-use building residential/commercial. Commercial unit #1 ( 702 Cedar) is currently in use as a retail store. The second building is 712-714 Cedar, adjacent Duplex, with two units - commercial downstairs and residential upstairs. Commercial unit #2 is vacant. The residential unit is rented. The rented units are always paid on time. Perfect for artists, small business start-ups, neighborhood stores. Possible redevelopment potential. Willmore City Historic District, adjacent to other new development and revitalization projects. Don't miss out on this one. .

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T11:28:28.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/125930672
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702 Cedar Avenue Long Beach, CA 90813

  • Price: $1,199,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 34 min ago
  • ID#: 22128071
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1920
Built
Neighborhood:
4 - Downtown Area, Alamitos Beach
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
Looking for a live/workspace? Once the lease is up this is a great owner user. It is a commercially owned property in a residential neighborhood. Unique corner location! Outstanding potential. Mixed-use building residential/commercial. Commercial unit #1 ( 702 Cedar) is currently in use as a retail store. The second building is 712-714 Cedar, adjacent Duplex, with two units - commercial downstairs and residential upstairs. Commercial unit #2 is vacant. The residential unit is rented. The rented units are always paid on time. Perfect for artists, small business start-ups, neighborhood stores. Possible redevelopment potential. Willmore City Historic District, adjacent to other new development and revitalization projects. Don't miss out on this one. .
Exterior Features

Parking Features Assigned Parking Total 2 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 64428 Laundry Features None Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 64428 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lbpd10



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-07T11:28:28.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368189112-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368189112-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368189112-1.jpg
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): David Rosenfeld of Advantage Real Estate (310-450-4488)