2475 CEDAR Avenue

About This Property

This is a gorgeous, very well-maintained apartment complex built in 1987 with great curb appeal, complete with plush tropical landscaping and an impecable presentation. Apartments are 100% occupied with waiting list. Tons of upside in rents! All units are very large with upgraded interiors with 14 2-bed/2-bath units and 4 1-bed/1-bath units. Plenty of parking and guest parking in the two huge subterranean garages, which is rare for Long Beach. Separate gas meters and electric meters, plus income-producing washers and dryers in laundry room. Complete video surveillance system which covers the entire property. Great tenants make collecting rents easy. Outstanding positive cash flow and a fantastic investment!

Unit Mix

• 1 unit · 2bd / 2ba
• 1 unit · 1bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?