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$4,750,000
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Property Description
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. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.
Full Property Details
Full Property Details for 330 Cedar Ave
General
- Price: $4,750,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25618923
- Updated: 11/14/2025
- Added to Site: 64 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 25
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: None
Parking
- Garage Description: Assigned
Location
- Area: Downtown Area, Alamitos Beach
- County: Los Angeles
- Driving Directions: 25 Units in Downtown Long Beach blocks from the Ocean and Pike Place.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 14,055
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1915
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 25
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1725
- Lot Size: 7513
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 100 x 150
- Zoning: LBPD30
Financial Considerations
- Price Per Sq. Ft.: $337.96
- Assessment Year: 1915
Disclosures and Reports
- Disclosures/Reports: None
- APN: 7280-015-009
Listed by The Agency, Jonathan Swire
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Schools
Schools serving 330 Cedar Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Chavez Elementary School, Long Beach, CA 730 West 3rd Street, Long Beach, CA 90802 | K-5 | 0.4 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 1 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 330 Cedar Ave
Date
Details
Price
Change
Source
11/13/2025
Listed
$4,750,000
-17.18%
MLS
1/22/2021
Sold
$5,735,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 330 Cedar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$80,767
5%
$6,212,547
2%
2024
$77,246
2%
$6,090,827
2%
2023
$75,988
7%
$5,971,494
2%
2022
$71,265
112%
$5,854,500
117%
2021
$33,635
—
$2,696,216
1%
2020
$33,541
1%
$2,668,620
2%
2019
$33,156
2%
$2,611,589
2%
2018
$32,356
1%
$2,560,383
2%
2017
$32,024
8%
$2,510,180
2%
2016
$29,673
30%
$2,460,962
28%
2015
$22,866
-2%
$1,925,000
—
2014
$23,272
12%
$1,925,000
10%
2013
$20,724
—
$1,750,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 330 Cedar Ave
330 Cedar Ave, Long Beach, CA 90802 (MLS# 25618923) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 330 Cedar Ave is currently listed for $4,750,000 and was received on November 13, 2025. Want to learn more about 330 Cedar Ave? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

