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Refurbished Gated Multifamily Property
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1040 Cedar, Long Beach, CA 90813

Gated multifamily complex with fully refurbished units featuring granite kitchen countertops and updated flooring.

Days on Market131

Property Features for 1040 Cedar

General Information

Standard status Active
Property subtype Multifamily

Amenities

gated
Listing Agency: J & P Realty
Listed By: Jack Bliss · License #00479584
Source: Crexi
Added: Mar 25 Changed: Jul 23 Last Checked: Jul 25 at 11:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J & P Realty

Investment Insights

Based on property information with market context.

This gated multifamily property offers completely refurbished units with newer carpeting and tile flooring, along with granite kitchen countertops. A balcony report is also available.

Located in Long Beach, California near the downtown area, the World Trade Center, and the courthouse, the property benefits from proximity to major local destinations.

The listing’s gross multiplier is based on the existing rent of a vacant unit.

Key Highlights

  • Gated multifamily complex
  • Units are completely refurbished with newer carpeting and tile flooring
  • Granite kitchen countertops in refurbished units

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Storage Facility (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,434
Businesses Nearby

Demographics for 90813, CA

54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Gated multifamily complex with fully refurbished units featuring granite kitchen countertops and updated flooring.
Where is this multifamily property located?
The property is located at 1040 Cedar Long Beach, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Gated multifamily complex; Units are completely refurbished with newer carpeting and tile flooring; Granite kitchen countertops in refurbished units
(310) 320-4921 Call to check price and availability
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