330 Cedar Ave

Long Beach, CA 90802

$4,750,000
Price
7
Beds
25
Baths
14,055 Sq. Ft.
$338 / Sq. Ft.
14,055
Sq. Ft.
$338
per Sq. Ft.
a front view of a house with garden
an aerial view of residential houses with outdoor space
a view of a city
a car parked in front of a white building
a view of a balcony with furniture
a utility room with dryer and washer
a bedroom with a bed and a flat screen tv
a bathroom with a sink a toilet and a mirror
a bathroom with a sink a toilet and shower
a view of a dining room with furniture window and wooden floor
a view of bathroom with bathtub and shower
a bathroom with a sink a toilet and shower
an empty room with wooden floor cabinet and windows
a kitchen with a sink and cabinets
a stove top oven sitting inside of a kitchen
a view of a bedroom with wooden floor and bathroom
a view of entryway and hall with wooden floor
a view of hallway

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...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.
  1. Listed by Jonathan Swire • DRE #01336277 • Brokerage DRE #01738973 • The Agency

Property Details for 330 Cedar Avenue

Zoning
LBPD30
Parcel Number
7280015009
Total Units
25.0
Living Area
14055
Source Living Area
Vendor Enhanced
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
0%
Lot Size Area
7513
LISTING UPDATED: 11/21/2025 12:06 AM

Property Details for 330 Cedar Avenue

StatusActive
MLS #25618923
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1915
Lot Size0.17 AC / 7,513 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Jonathan Swire, DRE #01336277
Add your commute

Building Information for 330 Cedar Avenue

Stories-Residences-Year Built1915Building Size-Lot Size0.17 AC / 7,513 SF

Payment Calculator

$30,202 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,471

Property Taxes

$6,731

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 330 Cedar Avenue

Community / Development
Community / Development
  • Number Of Units: 25
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $462,000
  • Net Operating Income: $283,000.00
  • Gross Income: $476,000
  • Cap Rate: 6.00%
  • Gross Rent Multiplier: $9.99
  • Total Annual Expense: 180000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1725
  • Lot Size Square Feet: 7513
  • Lot Size Dimensions: 100x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split, Three Or More
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-14-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,495.00
  • Unit Actual Rent: $1,495.00
  • Unit Projected Rent: $1,495.00
  • Like Units: 20
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,595.00
  • Unit Actual Rent: $1,595.00
  • Unit Projected Rent: $1,595.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,670.00
  • Unit Actual Rent: $2,670.00
  • Unit Projected Rent: $2,670.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $2,164,864.00
  • Assessed Improvement Percent: 34.87
  • Assessed Land Value: $4,042,883.00
  • Assessed Land Percent: 65.13
  • Assessed Total Value: $6,207,747.00

Property History for 330 Cedar Avenue

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Listed (Active)

CLAW #25618923

$4,750,000—
Nov 13, 2025

Listed (Active)

CRMLS #25618923

$4,750,000—
Jan 22, 2021

Sold (Public Record)

Public Record #1453263948

$5,735,000—
Jan 22, 2021

Sold (Public Record)

Public Record #692520955

$5,735,000

+11.8% / yr

Jan 19, 2005

Sold (Public Record)

Public Record #149804435

$960,000—
DateEvent & SourcePrice
11/13/2025

Listed (Active)

CLAW #25618923

$4,750,000
11/13/2025

Listed (Active)

CRMLS #25618923

$4,750,000
01/22/2021

Sold (Public Record)

Public Record #1453263948

$5,735,000
01/22/2021

Sold (Public Record)

Public Record #692520955

$5,735,000

+11.8% / yr

01/19/2005

Sold (Public Record)

Public Record #149804435

$960,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 330 Cedar Avenue

Taxable ValueLand$4,042,883Additions$2,169,664Total$6,212,547
Tax Record2025$80,767 ($6,731 / month)
Home Facts
Total Finished SqFt14,055 SqFtAbove Grade Finished SqFt14,055 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningLBPD30CountyLOS ANGELESAPN7280-015-009

Schools near 330 Cedar Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Chavez Elementary School
Public - K to 5
Washington Middle School
Public - 6 to 8
Cabrillo High School
Public - 9 to 12
Renaissance High School For The Arts
Public - 9 to 12
Rating
School
Distance
Chavez Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 330 Cedar Avenue, Long Beach, CA 90802

330 Cedar Avenue is a multi-family home for sale in Long Beach, CA 90802. This property was listed for sale on November 13, 2025 by The Agency, it's currently listed at $4,750,000. It has been on the market for a total of 40 days and was last sold on January 22, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include Chavez Elementary School, Washington Middle School and Cabrillo High School. 330 Cedar Avenue is a 7-bed, 25-bath, 14,055 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Jonathan Swire, DRE #01336277

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.