702 Cedar Ave , Long Beach, CA 90813
$899,000
Est. Payment: $4,523.63/mo
0 Bed
2 Bath
2557 Sqft
Status: active | Days on site: 179
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by David Rosenfeld , 424-293-1266 Advantage Real Estate , 310-450-4488. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1920

County

Los Angeles

Area

4 - Downtown Area, Alamitos Beach

Listing ID

26645179

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:0
Other:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:2
Zoning:LBPD10
Others:2+ Total Units
Parking Features:Assigned
Principal Interest
$4,524
Taxes
$573

Home Price

$899,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,523.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,523.63 $573.11 $0.00 $5,096.74
Yearly $54,283.51 $6,877.35 $0.00 $61,160.86
Total $1,628,505.32 $206,320.50 $0.00 $1,834,825.82

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T02:36:50.000Z

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