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For Sale

$899,000

2,557 sqft$352/sqft283 days on market

702 Cedar Avenue

Long Beach, CA 90813

· 8% down, 7% APR, 30yr fixed

1

Beds

1

Baths

2,557

Square feet

1920

Built

Listing narrative

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. 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.

Listing agent (MLS): David Rosenfeld · Listing brokerage (MLS): Advantage Real Estate

Property Details

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Price

$899,000

Beds

1 bd

Type

House

Home Size

2,557 sqft

Baths

1

Lot Size

3,920 sqft

Year

1920

Status

For Sale

Days on Market

283

$ / Sqft

$352

· 8% down, 7% APR, 30yr fixed
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Courtesy of Advantage Real Estate