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702 Cedar Ave, Long Beach, CA, 90813

1beds
1baths
2,557sqft
$899,000
$352price/sqft
$6,326/moest. monthly cost
$253,040/yrincome needed

About This Home

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.

Getting Around

93
WalkingWalker's Paradise
73
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

4/10
Washington Middle SchoolGrades 6-80.7 mi
3/10
Cabrillo High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 2,557
  • Total interior livable area: 2,557 sqft

Property

Details

  • Parcel number: 7272020011
  • Zoning: LBPD10
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: None
  • Spa features: None

Lot

  • Lot size: 3,750 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned