Back

1 of 19

2 of 19

3 of 19

4 of 19

5 of 19

6 of 19

7 of 19

8 of 19

9 of 19

10 of 19

11 of 19

12 of 19

13 of 19

14 of 19

15 of 19

16 of 19

17 of 19

18 of 19

19 of 19

1425 Cedar Ave
Long Beach, CA 90813 Downtown Long Beach

$2,045,000 USD

Apartments For Sale • 6,222 SF

Property Details

Property Type Apartments
Total Building Size 6,222 SF
Lot Size 0.15 AC
Building Class C
Year Built 1953
Cap Rate 7.06 %
Zoning R4N, Long Beach

70 Transit Score

70 Walk Score

                
                    Highlights
                
                                Optimal Unit Mix: A 10-unit multifamily property featuring a highly desirable balance of one- and two-bedroom residences.
                            
                                Highly Valued Amenities: Offers a functional courtyard-style configuration complete with gated access and dedicated garage parking.
                            
                                Rare Onsite Laundry: Features an onsite laundry facility, a highly sought-after & uncommon convenience that provides a distinct competitive advantage.
                            
                                Massive Public Investment: Located directly across the street from the $176 million Washington Middle School campus rebuild project.
                            
                                Strategic Central Location: Positioned near Downtown Long Beach with immediate access to major employment centers, transit, retail, and dining.

Financial Summary (Actual)

Net Operating Income: $144,430 USD (2026)

Cap Rate:	7.06 %
Total Expenses:	$69,528 USD

Amenities

24 Hour Access
Laundry Facilities
Kitchen
Refrigerator
Oven
Range

Public Transportation

Transit/Subway	Drive	Walk	Distance
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	15 min	0.8 mi
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	4 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	11 min	-	4.5 mi
Los Angeles International	31 min	-	21.0 mi
John Wayne/Orange County	34 min	-	22.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	OneCarGarage
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

1425 Cedar Ave Long Beach, CA 90813 Downtown Long Beach