Description
1701 Cedar Ave, Long Beach, CA " A Rare Investment Opportunity, 78% upside in rents. A truly one-of-a-kind 4-plex in Long Beach. This property stands out as the only 4-plex on the market offering such a large and versatile bedroom and bathroom configuration, making it a prime choice for investors or owner-occupants looking to maximize rental income and meet the growing demand for multi-generational housing. The unit mix includes:- A spacious 5-bedroom, 2-bath unit- A generous 4-bedroom, 2-bath unit- A comfortable 3-bedroom, 1-bath unit- A cozy 1-bedroom, 1-bath unitThese varied configurations provide the perfect setup for extended families or larger households seeking space and convenience. Additionally, the property is individually submetered for gas and electric, ensuring easy utility management and potential cost savings.Situated on a two-story corner lot, the property features two garages, enhancing its appeal and functionality. Its prime location offers easy access to the best of Long Beach, making it a valuable opportunity for both investors and future residents alike. Dont miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
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0BEDS
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0.1ACRES
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01/2 BATHS
School Ratings & Info
Description
1701 Cedar Ave, Long Beach, CA " A Rare Investment Opportunity, 78% upside in rents. A truly one-of-a-kind 4-plex in Long Beach. This property stands out as the only 4-plex on the market offering such a large and versatile bedroom and bathroom configuration, making it a prime choice for investors or owner-occupants looking to maximize rental income and meet the growing demand for multi-generational housing. The unit mix includes:- A spacious 5-bedroom, 2-bath unit- A generous 4-bedroom, 2-bath unit- A comfortable 3-bedroom, 1-bath unit- A cozy 1-bedroom, 1-bath unitThese varied configurations provide the perfect setup for extended families or larger households seeking space and convenience. Additionally, the property is individually submetered for gas and electric, ensuring easy utility management and potential cost savings.Situated on a two-story corner lot, the property features two garages, enhancing its appeal and functionality. Its prime location offers easy access to the best of Long Beach, making it a valuable opportunity for both investors and future residents alike. Dont miss the chance to own this unique, income-generating asset with outstanding potential for future growth!
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T21:30:48.523. 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 eXp Realty of California Inc.. Licensed in the State of California, USA.