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338 Cedar Avenue is a 17-unit apartment asset in Downtown Long Beach. The property is offered at 10.98 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 remodeledwith 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.
Property Type(s):
Residential Income
| Last Updated | 6/26/2024 | Tract | Downtown (DT) |
|---|---|---|---|
| Year Built | 1918 | Community | Downtown Area, Alamitos Beach |
| County | Los Angeles |
Price History
| Prior to Nov 6, '23 | $4,750,000 |
|---|---|
| Nov 6, '23 - Jun 26, '24 | $4,500,000 |
| Jun 26, '24 - Today | $4,325,000 |
Additional Details
| AREA | Downtown Area, Alamitos Beach |
|---|---|
| LOT | 7503 sq ft |
| LOT DESCRIPTION | 16-20 Units/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Downtown (DT) |
| WATER | Public |
| ZONING | LBPD30 |
Location
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Listed with Keller Williams - Santa Monica
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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