Great income at 9% cap rate! Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833<\/p>\n
Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the<\/p>\n
beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income<\/p>\n
potential. Recent upgrades enhance this property’s appeal, including 100% new plumbing installed three to four years ago and new vinyl windows<\/p>\n
throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned<\/p>\n
LBPD10, this property benefits from one of Long Beach’s most desirable and flexible planning districts, allowing for higher density development.<\/p>\n
This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment,<\/p>\n
shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent<\/p>\n
improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a<\/p>\n
dynamic Long Beach market.<\/p>\n","protected":false},"excerpt":{"rendered":"Great income at 9% cap rate! Beautiful Craftsmen Available in...","protected":false},"author":0,"featured_media":491900,"template":"","es_locations":[],"es_categories":[],"es_types":[194],"es_rent_periods":[],"es_labels":[],"es_statuses":[],"es_parkings":[],"es_roofs":[],"es_exterior_materials":[],"es_basements":[],"es_floor_coverings":[],"es_features":[],"es_amenities":[],"es_neighborhoods":[],"es_tags":[],"class_list":["post-491899","properties","type-properties","status-publish","has-post-thumbnail","hentry","es_type-multifamily","es-post-entity"],"_links":{"self":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties\/491899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties"}],"about":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/types\/properties"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media\/491900"}],"wp:attachment":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media?parent=491899"}],"wp:term":[{"taxonomy":"es_location","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_locations?post=491899"},{"taxonomy":"es_category","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_categories?post=491899"},{"taxonomy":"es_type","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_types?post=491899"},{"taxonomy":"es_rent_period","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_rent_periods?post=491899"},{"taxonomy":"es_label","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_labels?post=491899"},{"taxonomy":"es_status","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_statuses?post=491899"},{"taxonomy":"es_parking","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_parkings?post=491899"},{"taxonomy":"es_roof","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_roofs?post=491899"},{"taxonomy":"es_exterior_material","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_exterior_materials?post=491899"},{"taxonomy":"es_basement","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_basements?post=491899"},{"taxonomy":"es_floor_covering","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_floor_coverings?post=491899"},{"taxonomy":"es_feature","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_features?post=491899"},{"taxonomy":"es_amenity","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_amenities?post=491899"},{"taxonomy":"es_neighborhood","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_neighborhoods?post=491899"},{"taxonomy":"es_tag","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_tags?post=491899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}