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1040 Cedar, Long Beach, CA 90813

  • $2,650,000

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  • —

    bed

  • —

    bath

Multi-family pending
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About 1040 Cedar

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,487 Sqft
Movoto estimate
Parking 5 garage spaces
Rental estimate
Property description
Completely refurbished units with newer carpeting, and tile flooring, granite kitchen countertops. The complex is gated. plus, it is near the downtown area, the World Trade Center and courthouse The Gross multiplier is based on existing rent of the vacant unit at $1950. Property has its Balcony report.
Listed by
Listing Agent - Jack Bliss
Listing Agent Contact: 310-418-7528
Listing Office - J & P Realty
Source: CRMLS mls logo
MLS#SB26064905 • last updated 1 month ago
Movoto checked CRMLS for data 2 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Pending
Lot Size (Acres) 0.1719
Lot Size (SqFt) 7487
Year Built 1963
Interior
Laundry Community
Exterior
Building Area Square Feet, 8818
# Parking Spaces 5
# Garage Spaces 5
Lot Description 11-15 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Street Lights, Sidewalks, Suburban
Subdivision Downtown (DT), Downtown (DT)
Directions Ocean To Cedar (east)
APN 7272005027
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 8226
Operating Expense 68862
Expense: Insurance 9700
Total Expenses 68862
Expense: Maintenance 14441
Expense: Water/ Sewer 4791
Gross Operating Income 265974
Expense: Electric 1430
Gross Multiplier 11.27
Gross Scheduled Income 274200
Expense: Supplies 3000
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4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Willmore City

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Walk
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Family
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Dining
96/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90813
  • Willmore City
  • 1040 Cedar

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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