702 Cedar Ave

1
Bath
2,557 Sq. Ft.
$352 / Sq. Ft.
2,557
Sq. Ft.
$352
per Sq. Ft.

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....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.
  1. Listed by David Rosenfeld • DRE #01109090 • Brokerage DRE #01109090 • Advantage Real Estate

Property Details for 702 Cedar Avenue

Zoning
LBPD10
Parcel Number
7272020011
Total Units
3.0
Living Area
2557
Source Living Area
Vendor Enhanced
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
0
Lot Size Area
3752
LISTING UPDATED: 01/29/2026 04:06 PM

Property Details for 702 Cedar Avenue

StatusActive
MLS #26645179
Days on MarketListed Today
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.09 AC / 3,752 SF
CountyLos Angeles County

Location

Listing Courtesy of Advantage Real Estate, David Rosenfeld, DRE #01109090
Add your commute

Building Information for 702 Cedar Avenue

Stories2Residences-Year Built1920Building Size-Lot Size0.09 AC / 3,752 SF

Payment Calculator

$5,194 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,382

Property Taxes

$812

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Cedar Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Mixed
  • Water: District
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $68,988
  • Net Operating Income: $.00
  • Gross Income: $68,988
  • Gross Rent Multiplier: $.00
  • Financial Info as Of: 02/15/2022
  • Owner Pays: Electricity, Water, Gas
  • Total Annual Expense: 0.00
Land / Lot Info
Land / Lot Info
  • Alternate Street Name: 0
  • Lot Acreage: 0.0861
  • Lot Size Square Feet: 3752
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 2
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two, Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall Unit(s)
  • Cooling Type: Wall Unit(s)
  • Heating: Wall
  • Heating Type: Wall
  • Equipment: None
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-29-2026
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,751.00
  • Unit Actual Rent: $1,751.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,998.00
  • Unit Actual Rent: $3,998.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $210,235.00
  • Assessed Improvement Percent: 32.79
  • Assessed Land Value: $430,983.00
  • Assessed Land Percent: 67.21
  • Assessed Total Value: $641,218.00

Property History for 702 Cedar Avenue

DateEvent & SourcePriceAppreciation
Jan 29, 2026

Listed (Active)

CRMLS #26645179

$899,000—
Jan 29, 2026

Listed (Active)

CLAW #26645179

$899,000—
Oct 31, 2024

Expired

SDMLS #24-356107

$859,000—
Oct 31, 2024

Expired

CRMLS #24356107

—
Oct 31, 2024

Expired

CLAW #24-356107

$859,000—
Aug 15, 2024

Price Change

CRMLS #24356107

$859,000—
Jun 20, 2024

Price Change

CRMLS #24356107

$899,000—
Jun 20, 2024

Price Change

CLAW #24-356107

$899,000—
Apr 16, 2024

Listed (Active)

CRMLS #24356107

$929,000—
Apr 16, 2024

Listed (Active)

SDMLS #24-356107

$929,000—
Apr 16, 2024

Listed (Active)

CLAW #24-356107

$929,000—
Aug 17, 2022

Expired

CRMLS #22128071

$1,199,000—
Aug 16, 2022

Expired

CLAW #22-128071

$1,199,000—
Jul 14, 2022

Listed (Active)

CLAW #22-128071

$1,199,000—
Jun 14, 2022

Hold

CRMLS #22128071

—
Feb 17, 2022

Listed (Active)

CRMLS #22128071

$1,199,000—
Feb 27, 2018

Sold

CRMLS #DW17247607

$610,000—
Feb 27, 2018

Sold

SDMLS #DW17247607

$610,000—
Feb 27, 2018

Sold

CLAW #DW17247607MR

$610,000—
Feb 27, 2018

Sold

CRMLS #DW17247607

$610,000—
Feb 13, 2018

Sold (Public Record)

Public Record #617190543

$650,000

+9.8% / yr

Feb 5, 2018

Pending

CRMLS #DW17247607

—
Feb 5, 2018

Pending

SDMLS #DW17247607

—
Feb 5, 2018

Pending

CRMLS #DW17247607

—
Feb 5, 2018

Pending

CLAW #DW17247607MR

—
Jan 31, 2018

Price Change

CRMLS #DW17247607

$649,999—
Nov 10, 2017

Price Change

CRMLS #DW17247607

$639,900—
Nov 10, 2017

Listed (Active)

SDMLS #DW17247607

$599,999—
Nov 9, 2017

Listed (Active)

CLAW #DW17247607MR

$599,999—
Nov 9, 2017

Price Change

CRMLS #DW17247607

$599,999—
Nov 9, 2017

Listed (Active)

CRMLS #DW17247607

$649,999—
Aug 7, 2016

Expired

CRMLS #PW16074316

—
Jun 20, 2016

Price Change

CRMLS #PW16074316

$525,000—
Jun 17, 2016

Price Change

CRMLS #PW16074316

$550,000—
Jun 1, 2016

Price Change

CRMLS #PW16074316

$575,000—
May 1, 2016

Price Change

CRMLS #PW16074316

$625,000—
Apr 29, 2016

Price Change

CRMLS #PW16074316

$650,000—
Apr 19, 2016

Price Change

CRMLS #PW16074316

$675,000—
Apr 6, 2016

Listed (Active)

CRMLS #PW16074316

$680,000—
Mar 26, 2014

Sold

CRMLS #OC14023939

$450,000—
Mar 26, 2014

Sold

CLAW #OC14023939MR

$450,000—
Mar 21, 2014

Pending

CRMLS #OC14023939

—
Mar 21, 2014

Pending

CLAW #OC14023939MR

—
Mar 4, 2014

Sold (Public Record)

Public Record #411931508

$450,000

+38.9% / yr

Feb 4, 2014

Listed (Active)

CLAW #OC14023939MR

$472,500—
Feb 4, 2014

Listed (Active)

CRMLS #OC14023939

$472,500—
Aug 6, 2012

Sold

CLAW #P817939MR

$270,000—
Aug 6, 2012

Sold

CRMLS #P817939

$270,000—
Jul 24, 2012

Sold (Public Record)

Public Record #335059526

$265,000—
Jul 5, 2012

Pending

CRMLS #P817939

—
Jul 5, 2012

Pending

CLAW #P817939MR

—
Apr 6, 2012

Listed (Active)

CRMLS #P817939

$320,000—
Apr 6, 2012

Listed (Active)

CLAW #P817939MR

$320,000—
Jul 1, 2011

Expired

CLAW #P764292MR

—
Jun 30, 2011

Expired

CRMLS #P764292

$320,000—
Dec 30, 2010

Listed (Active)

CLAW #P764292MR

$320,000—
Dec 30, 2010

Listed (Active)

CRMLS #P764292

$320,000—
DateEvent & SourcePrice
01/29/2026

Listed (Active)

CRMLS #26645179

$899,000
01/29/2026

Listed (Active)

CLAW #26645179

$899,000
10/31/2024

Expired

SDMLS #24-356107

$859,000
10/31/2024

Expired

CRMLS #24356107

—
10/31/2024

Expired

CLAW #24-356107

$859,000
08/15/2024

Price Change

CRMLS #24356107

$859,000
06/20/2024

Price Change

CRMLS #24356107

$899,000
06/20/2024

Price Change

CLAW #24-356107

$899,000
04/16/2024

Listed (Active)

CRMLS #24356107

$929,000
04/16/2024

Listed (Active)

SDMLS #24-356107

$929,000
04/16/2024

Listed (Active)

CLAW #24-356107

$929,000
08/17/2022

Expired

CRMLS #22128071

$1,199,000
08/16/2022

Expired

CLAW #22-128071

$1,199,000
07/14/2022

Listed (Active)

CLAW #22-128071

$1,199,000
06/14/2022

Hold

CRMLS #22128071

—
02/17/2022

Listed (Active)

CRMLS #22128071

$1,199,000
02/27/2018

Sold

CRMLS #DW17247607

$610,000
02/27/2018

Sold

SDMLS #DW17247607

$610,000
02/27/2018

Sold

CLAW #DW17247607MR

$610,000
02/27/2018

Sold

CRMLS #DW17247607

$610,000
02/13/2018

Sold (Public Record)

Public Record #617190543

$650,000

+9.8% / yr

02/05/2018

Pending

CRMLS #DW17247607

—
02/05/2018

Pending

SDMLS #DW17247607

—
02/05/2018

Pending

CRMLS #DW17247607

—
02/05/2018

Pending

CLAW #DW17247607MR

—
01/31/2018

Price Change

CRMLS #DW17247607

$649,999
11/10/2017

Price Change

CRMLS #DW17247607

$639,900
11/10/2017

Listed (Active)

SDMLS #DW17247607

$599,999
11/09/2017

Listed (Active)

CLAW #DW17247607MR

$599,999
11/09/2017

Price Change

CRMLS #DW17247607

$599,999
11/09/2017

Listed (Active)

CRMLS #DW17247607

$649,999
08/07/2016

Expired

CRMLS #PW16074316

—
06/20/2016

Price Change

CRMLS #PW16074316

$525,000
06/17/2016

Price Change

CRMLS #PW16074316

$550,000
06/01/2016

Price Change

CRMLS #PW16074316

$575,000
05/01/2016

Price Change

CRMLS #PW16074316

$625,000
04/29/2016

Price Change

CRMLS #PW16074316

$650,000
04/19/2016

Price Change

CRMLS #PW16074316

$675,000
04/06/2016

Listed (Active)

CRMLS #PW16074316

$680,000
03/26/2014

Sold

CRMLS #OC14023939

$450,000
03/26/2014

Sold

CLAW #OC14023939MR

$450,000
03/21/2014

Pending

CRMLS #OC14023939

—
03/21/2014

Pending

CLAW #OC14023939MR

—
03/04/2014

Sold (Public Record)

Public Record #411931508

$450,000

+38.9% / yr

02/04/2014

Listed (Active)

CLAW #OC14023939MR

$472,500
02/04/2014

Listed (Active)

CRMLS #OC14023939

$472,500
08/06/2012

Sold

CLAW #P817939MR

$270,000
08/06/2012

Sold

CRMLS #P817939

$270,000
07/24/2012

Sold (Public Record)

Public Record #335059526

$265,000
07/05/2012

Pending

CRMLS #P817939

—
07/05/2012

Pending

CLAW #P817939MR

—
04/06/2012

Listed (Active)

CRMLS #P817939

$320,000
04/06/2012

Listed (Active)

CLAW #P817939MR

$320,000
07/01/2011

Expired

CLAW #P764292MR

—
06/30/2011

Expired

CRMLS #P764292

$320,000
12/30/2010

Listed (Active)

CLAW #P764292MR

$320,000
12/30/2010

Listed (Active)

CRMLS #P764292

$320,000

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

Public Records for 702 Cedar Avenue

Taxable ValueLand$466,508Additions$227,563Total$694,071
Tax Record2025$9,747 ($812 / month)
Home Facts
Total Finished SqFt2,557 SqFtAbove Grade Finished SqFt2,557 SqFtStories1Lot Size3,752 SqFtStyleOffice BuildingYear Built1920ZoningLBPD10CountyLOS ANGELESAPN7272-020-011

Schools near 702 Cedar Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
International 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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702 Cedar Avenue is a multi-family home for sale in Long Beach, CA 90813. This listing's school district is Long Beach Unified School District. Nearby schools include International Elementary School, Washington Middle School and Cabrillo High School. 702 Cedar Avenue is a 1-bed, 1-bath, 2,557 sqft multi-family home built in 1920.

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 Advantage Real Estate, David Rosenfeld, DRE #01109090

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.