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702 Cedar Ave, Long Beach, CA 90813

  • $899,000

    •

  • 1

    bed

  • 1

    bath

  • 2,557

    Sqft ($352/Sqft)

Multi-family for sale 133 days
Movoto is helping 68 homebuyers near you

About 702 Cedar Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 3,752 Sqft
Movoto estimate
Rental estimate
Property description
In the Heart of Alamitos Beach, in the highly desirable Willmore Historical District. This exceptional multi-unit commercial property in Long Beach (90813). The property is currently operating as a thriving herbal retail store. The property features three distinct spaces offering versatile uses and strong investment potential.The primary stand alone commercial unit (702) boasts an expansive open floor plan ideal for retail, a coffee shop, gym, or office space, plus an exclusive-use outdoor patio. Recent upgrades include new recessed lighting, fresh paint, a tankless water heater, a break room, and a renovated restroom.The second commercial space (712) offers prominent street level frontage with an open layout, perfect for high visibility retail or service businesses. The spacious second floor residential unit (714) features beautiful hardwood floors and provides excellent rental income potential or owner occupancy options. The two commercial units are occupied by the same tenant.
Listed by
Listing Agent - David Rosenfeld
Listing Office - Advantage Real Estate
Source: The MLS mls logo
MLS#26645179 • last updated 4 months ago
Movoto checked The MLS for data 15 minutes ago
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Overview
Levels/Style Two, Multi/Split
MLS # 26645179
Type Residential Income
Status Active
SqFt 2557
Lot Size (SqFt) 3752
Lot Size (Acres) 0.0861
Year Built 1920
Interior
Total # of Baths 1
Total # of Bedrooms 1
Fireplace Desc None
Exterior
# Parking Spaces 2
Parking Desc Assigned
Add'l Structures None
Amenities / Utilities
Water District
Equipment None
Pool None
Location
County Los Angeles
Zoning LBPD10
APN 7272-020-011
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 1900
Unit 1: Rent 1751
Unit 2: Rent 3998
Owner Pays Electricity, Water, Gas
Unit 2: Furnished No
Unit 2: Projected Rent 4000
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 3998
Unit Type 2106, 2107
Unit 1: Actual Rent 1751
Total # Of Buildings 3
Gross Income 68988
Gross Operating Income 68988
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4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Willmore City

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94/100
Walk
77/100
Family
90/100
Dining
96/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90813
  • Willmore City
  • 702 Cedar Ave

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