Long Beach, CA 90806 2552 Cedar Avenue

2552 & 2560 Cedar Ave. is an excellent investment opportunity in the North Wrigley area of Long Beach. The subject property consists of 7 units on two separate parcels (5,273 SF + 6,548 SF = Totaling 11,821 Lot SF). 2552 Cedar Ave. is a 5 unit property (former Harvey Line Motel) and is comprised of a two story townhouse style 2bd/1bth unit with a large basement (recently vacated and will delivered vacant), and (4) studio units. 2560 Cedar Ave. consists of a two unit two story structure located at the rear of lot, comprised of (1) 1bd/1bth unit, and (1) studio unit. The 2560 Cedar Ave. parcel is primarily all land which allows a potential buyer the opportunity to build 2-3 additional units. There are 6 single car garages on the property. Rents are extremely, extremely, extremely low and property is in need of upgrades and improvements. Two electric meters, one for each property, owner pays electricity. Priced to sell at $185,000 per unit. Don't miss this great investment opportunity.