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338 Cedar Ave Long Beach, CA, 90802
$4,500,000 $250,000 Commercial for sale Other
338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 11.42 GRM on current rents. The property is comprised of (2) three- bedroom units, (5) two-bedroom units, and (10) one-bedroom units. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in-unit washers and dryers. The property is located in prime Downtown Long Beach, steps from a plethora of retail and dining amenities as well as the $520M, 22-acre Civic Center redevelopment, and a two-minute walk to the Metro A Blue Line Pacific Station stop.
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Property details
10,150 sqft interior area
Land area
7,503 sqft (0.17 acres)
Days on Verhouse
231
Address
338 Cedar Ave, Long Beach, CA, 90802
City of California
Long Beach
County
Los Angeles
Previous price
$4,750,000
Year Built
1918
District
Listing
Nearby major retailers
Costco
Lowe's
Whole Foods Market
Trader Joe's
Mercedes-Benz
ALDI
Toyota
Walmart Supercenter
T-Mobile
Wholesale: 1
Do it yourself: 1
Supermarket: 5
Car: 1
Car repair: 1
Mobile phone: 1
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Listed by
Robert Stepp, Keller Williams - Santa Monica
Name
Robert Stepp
License number
01456379
Brokerage company
Keller Williams - Santa Monica
MLS #
CRPW23183991
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Calculate your monthly payments
Mortgage
$13,817
Taxes
$0
HOA dues
$0
Mortgage
$900,000 / 20%
2.28%
30 years
Your amount
$13,817 / month
Lot details
TMK #7280015006
Parcel nr.
7280015006
90802 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90802
44%
Families with children
National average: 39%
49%
Non family households
284,614
Population
$78,661
Average Income
Age & gender
Median age 34 years
More info
Commute types
79% commute by car
More info
Education level
20% have not graduated education
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Number of employees
3% work in education and healthcare
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Vehicles available
49% have 1 vehicle
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Vehicles by gender
49% have 1 vehicle
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Housing market insights for
$871.86k
Neighborhood average
sales price*
sales price*
$640.75k
Neighborhood median
sales price*
sales price*
467
Number
of sales*
of sales*
Housing type
34% are small apartments
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Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
45% have 2 or 3 bedrooms
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Owners vs Renters
73% are renters
More info
18.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Nov 26, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 26, 2023 | Price Decrease | $4,500,000 -5.26% | 0 | MLS #CRPW23183991 |
| Oct 3, 2023 | New Listing | $4,750,000 | 0 | MLS #CRPW23183991 |
Taxes of 338 Cedar Ave, Long Beach, CA, 90802
LBPD zoning / MLS #CRPW23183991
Zoning
LBPD
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Frequently Asked Questions about 338 Cedar Ave
What is 338 Cedar Ave?
338 Cedar Ave is a Commercial/Industrial propertywith 10,150 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
338 Cedar Ave, Long Beach, CA, 90802.
What comparable properties are nearby?
Comparable nearby commercial properties include 433 W 7th St, 1059 Pacific Ave, 928 Long Beach Blvd, 1217 Cedar Ave, 1151 Daisy Ave, 820 Lime Ave.
Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 28, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are El Super, 0.36 miles away and Vons 2861, 0.62 miles away.
The 90802 zip area has a population of 284,614, and 44% of the families have children. The median age is 34.79 years and 79% commute by car. The most popular housing type is "small apartment" and 73% is renter.
