$4,750,000

330 Cedar Ave Long Beach, CA 90802

West Village Neighborhood

Estimated payment $29,786/month

7 Beds
25 Baths
14,055 Sq Ft
$338 Price per Sq Ft

About This Home

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.

Listing Agent

Jon Swire

The Agency License #01336277 Listed on: 11/13/2025

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 7,513 Sq Ft Lot
  • Lot Dimensions are 100x150

Home Design

  • Split Level Home

Interior Spaces

  • 14,055 Sq Ft Home
  • 3-Story Property
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 25 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 25 Units

Listing and Financial Details

  • Assessor Parcel Number 7280-015-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Living Area: 14055
  • Lot Acreage: 0.1725
  • Lot Dimensions: 100x150
  • Year Built: 1915
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 25.00
  • Price Per S Q F T: 337.96

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 34.87
  • Assessed Improvement Value: 2164864
  • Assessed Land Percent: 65.13
  • Assessed Land Value: 4042883
  • Total Assessed Value: 6207747
  • Assessor Parcel Number: 7280-015-009
  • Lot Size Area: 7513

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.99
  • Number Of Units: 25
  • Type Of Units: Income

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $4,750,000 -- $338 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25618923

The MLS
California Los Angeles County Long Beach 90802 West Village

330 Cedar Ave, Long Beach, CA

For Sale

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Jon Swire
Listing Agent
Jon Swire
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The Agency
(562) 609-3071