419 Cedar, Long Beach, CA — listing photo 1
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FOR SALE

419 Cedar

Long Beach, CA 90802
5,364 Lot Sq Ft
Built 1910
$1,595,000

Property Overview

Great Downtown location blocks away from shopping, restaurants and so much more. Lower level contains a " MEETING ROOM"with its own bath. By adding a shower a stove and a front door- could potentially be a LOW COST ADU adding at least 1500.00 per month to income. (2) 1 bedroom tenants have given notice so there is potential for market rents. Classic building with great unit mix (1) 2 bedroom unit (4) 1 bedroom units and (1) studio unit along with (2) garages which potentially be a 2nd ADU. Laundry room leased for additional income. Nice backyard. Substantial upside in rents. Security cameras. Current Cap rate of 6 With 30% down, a new borrower could get a new loan of 70% LTV

Home Details

Property type
Residential Income - Apartment
Year built
1910
Lot size
5,364 sq ft
Parking
2 spaces
Garage
2 spaces
Stories
2
Days on market
47
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Sixteen To Twenty Units Acre

Community, Schools & Utilities

Community

Subdivision
Downtown (DT)

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

419 Cedar

Long Beach, CA 90802

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Frequently Asked Questions About 419 Cedar

Property type: Residential Income

The current asking price is $1,595,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 419 Cedar. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1910. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 47 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Steve Gamez
MLS ID: PGAMSTEV

Available property

$1,595,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.