$4,746,700
-$300330 Cedar Avenue, Long Beach CA 90802
Multi-Family (25 Units)
Property type
203 days
On market
$338
Price per sqft
N/A
Garage
1915
Year built
7,513 sqft
Lot size
Open Houses
Overview
PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants....
Listing provided by: Jonathan Swire DRE #01336277 310-948-2631, The Agency
Listing updated: May 24, 2026 at 07:23pm.
Last checked: Jun 3, 2026 at 02:00pm
Source: CRMLS #25618923
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 0 | 1 | — | $1,495 | $1,495 | $1,495 | Unfurnished |
| 4 | 1 | 1 | — | $1,595 | $1,595 | $1,595 | Unfurnished |
| 1 | 3 | 1 | — | $2,670 | $2,670 | $2,670 | Unfurnished |
# of Buildings: 2
# of Units Total: 25
Financial Snapshot
Gross Rent Multiplier
10.0x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Net Operating Income: $283,000
Interior
Cooling: None
Heating: Wall Furnace
Exterior
Stories Total: 0
Levels: Three Or More, Multi Split
Garage and Parking
Parking: Assigned
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 7280015009
Zoning: LBPD30
Lot Size Dimensions: 100x150
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 330 Cedar Avenue, Long Beach, CA 90802. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,797,360
Total Interest
$4,843,323
Total Payment
$8,640,683
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$29,096
per month
Property History for 330 Cedar Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90802.
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