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1425 Cedar, Long Beach, CA 90813

$1,995,000
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    bath

Multi-family for sale 2 hours
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About 1425 Cedar

Property type Multi-family
Neighborhood
Year built 1953
HOA fee $0/month
Lot size 6,691 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
1953-built, 10-unit property in a dense, high-demand rental area of Long Beach. Strong unit mix: (8) 1 bed / 1 bath and (2) 2 bed / 1 bath units. 4 of 10 units just remodeled with new flooring, lighting, kitchens and bathrooms. Community laundry room plus 4 garages for added income or ADU conversion potential. All units separately metered for gas and electricity. Washington neighborhood, directly across from Washington Middle School, currently undergoing a $176million reconstruction. Just a few blocks to the Metro Blue Line rail station, PCH and the 710 Freeway.
Listed by
Listing Agent - Josh Ess
Listing Agent Contact: 310-867-1183
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB26242091 • last updated 10 hours ago
Movoto checked CRMLS for data 5 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1536
Lot Size (SqFt) 6691
Year Built 1953
Interior
Laundry Community
Appliances Gas Range
Accessibility Features None
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 6222
Roof Flat
# Parking Spaces 4
# Garage Spaces 4
Lot Description Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision Washington, Other (OTHR)
Directions West Side Of Cedar, North Of Anaheim.
APN 7269041021
Multifamily Details
Vacancy Allowance Rate 3
Expense: Trash 2200
Laundry Income 30
Operating Expense 68079
Cap Rate 7.4
Expense: Insurance 10772
Total Expenses 68079
Expense: Maintenance 10785
Expense: Water/ Sewer 2200
Gross Income 215690
Gross Operating Income 215690
Expense: Electric 2200
Gross Multiplier 8.98
Gross Scheduled Income 217932
Expense: Fuel 2200
Lot/ Land Details
Road Frontage City Street
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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 Washington School

Explore everything this neighborhood has to offer. Learn more about Washington School.
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81/100
Walk
95/100
Family
90/100
Dining
96/100
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  • 1425 Cedar

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/11/2026. 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.
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