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$899,000

  • For Sale
  • Active
  • Multi-Family
  • 1 Total Beds
  • Updated 9 days ago
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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.

Full Property Details for 702 Cedar Ave

General

  • Price: $899,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26645179
  • Updated: 1/29/2026
  • Added to Site: 9 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Other Features: None

Parking

  • Garage Description: Assigned

Location

  • Area: Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Driving Directions: West on 7th Street to Cedar. Property is on the corner of 7th & Cedar.

Heating & Cooling

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

Utilities

  • Water: District

Structural Information

  • # Buildings: 3
  • Stories/Levels: 2
  • Square Feet: 2,557
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1920
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 3
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.0861
  • Lot Size: 3752
  • Lot Size Source: Vendor Enhanced
  • Zoning: LBPD10

Financial Considerations

  • Price Per Sq. Ft.: $351.58
  • Assessment Year: 1920
  • Owner Pays: Electricity, Water, Gas

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 7272-020-011

Listed by Advantage Real Estate, David Rosenfeld

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Listing agent

— 702 Cedar Ave —

  • David Rosenfeld

    Advantage Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 702 Cedar Ave

School District:Long Beach Unified School District
NameGradesDistance
International Elementary School
700 Locust Ave., Long Beach, CA 90813
K-50.3 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.7 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Avenue, Long Beach, CA 90810
9-121.8 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 702 Cedar Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/29/2026
Listed
$899,000
38.31%
MLS
2/13/2018
Sold
$650,000
—
Public Record
Get Price Alerts and Save Property
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 for 702 Cedar Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,747
5%
$694,071
2%
2024
$9,309
2%
$680,462
2%
2023
$9,145
6%
$667,121
2%
2022
$8,593
2%
$654,041
2%
2021
$8,409
—
$641,218
1%
2020
$8,387
1%
$634,644
2%
2019
$8,289
37%
$622,200
40%
2018
$6,054
-6%
$445,700
-6%
2017
$6,456
7%
$475,307
2%
2016
$6,006
4%
$465,988
2%
2015
$5,773
56%
$458,990
69%
2014
$3,696
3%
$271,225
—
2013
$3,589
—
$270,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Advantage Real Estate, David Rosenfeld

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702 Cedar Ave, Long Beach, CA 90813 (MLS# 26645179) is a Multi-Family property with units containing 1 bedroom and 0 full bathrooms. 702 Cedar Ave is currently listed for $899,000 and was received on January 29, 2026. Want to learn more about 702 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.

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