1415 Cedar Long Beach, CA 90813
Commercial/Residential - Long Beach, CA
Property size:
6,922 SFLot size:
6,602.00 AcresPrice / SF:
$302/SF- Added:
- Nov 26, 2025
- Days on Market:
- 150
- Last Refresh:
- Apr 25 at 6:06 am
Property Features for 1415 Cedar
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 5
- Parking features
- Garage
- Interior features
- None
- Exterior features
- Fence, Community Features Included: Suburban, Rectangular Lot
- Fencing
- Fenced
- Appliances
- Cooktop, Cooktop - Gas, Oven - Gas
- Standard status
- Active Under Contract
- APN
- 7269041027
- Size
- 6,922 SF
- Lot size
- 6,602.00 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1949
- Floors in Building
- 2
- Number of units
- 10
- Flooring type
- Carpet, Tile
- Building materials
- Stucco
- Roof type
- Composition
- Architectural style
- Other
Listing agent Anthony Walker License #01908153 (310) 561-4776
Listing office Buckingham Investments, Inc 1304 El Prado Ave Ste C, Long Beach, CA (310) 982-7055
Listing date Nov 26, 2025
MLS# SB25266595
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Long Beach Multifamily Investment Opportunity
This is a postwar 10-unit property located in a high-demand rental area of Long Beach. The property features a unit mix of five 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and one studio, totaling nearly 7,000 square feet of rentable space. The property has in-place cash flow with actual rents at 9.59 times gross and a 6.2% cap rate, with a 12% upside to 8.43 times GRM and a 7.4% cap rate at market. A community laundry room and five garages offer additional income or ADU conversion potential. All windows were recently replaced in 2025.
The property is conveniently located in the Washington neighborhood, directly across the street from Washington Middle School, which is currently undergoing a $176 million reconstruction project. It offers excellent transit access, being just a few blocks from the metro blue line rail station, PCH, and the 710 freeway. The location is also 7 blocks north of Downtown Long Beach, with over $8 billion in new developments underway. The property has a Walk Score of 86/100 and sits on a lot of approximately 0.15 acres.
The property is conveniently located in the Washington neighborhood, directly across the street from Washington Middle School, which is currently undergoing a $176 million reconstruction project. It offers excellent transit access, being just a few blocks from the metro blue line rail station, PCH, and the 710 freeway. The location is also 7 blocks north of Downtown Long Beach, with over $8 billion in new developments underway. The property has a Walk Score of 86/100 and sits on a lot of approximately 0.15 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1954342
- Latitude
- 33.7844707
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - High-yield, 10-unit property with significant upside potential in Long Beach.
Where is this apartment building located?
The property is located at 1415 Cedar Long Beach, CA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: High in‑place cash flow with a 6.2% cap rate, with potential to increase to 7.4% at market rents.; Large 10‑unit property with a desirable unit mix.; Excellent location near the Metro Blue Line, PCH, and the 710 freeway.
