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$2,045,000
New Listing

1425 Cedar Avenue
Long Beach, CA 90813

For Sale|Apartment|Active
0
Beds
0
Total Baths
6,222
SqFt
$329
/SqFt
1953
Built
Subdivision:
Other
County:
Los Angeles
Listed by Tyler Leeson of Marcus & Millichap RE Invest [email protected]
1425 Cedar Avenue1425 Cedar Avenue1425 Cedar Avenue1425 Cedar Avenue
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Monthly Payment (Est.)

$9,330
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1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.

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Listing Snapshot
Price 
$2,045,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,222 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1953
MLS® Number 
OC26183126
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing first seen on site
22 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.15
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6222
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
First level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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