$2,095,000 - 1415 Cedar, Long Beach
- 3Beds
- 3Baths
- 0.15Acres
Long Beach Home For Sale
Large high yield postwar 10 unit property in a dense high demand rental area of Long Beach. Great unit mix with five 2 bed/1 bath units, four 1 bed/1 bath units, and one studio in nearly 7,000 square feet of rentable space. High in-place cash flow at close with actual rents at 9.59X gross and a 6.2% cap rate plus a 12% upside to 8.43X GRM and a 7.4% cap rate at market. Community laundry room plus 5 garages for additional income or ADU conversion potential. All windows recently replaced in 2025. Convenient location in the Washington neighborhood directly across the street from Washington Middle School, currently undergoing a massive $176 Million reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. Walk Score 86/100
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Parking Spaces5
- ParkingGarage Faces Rear
- # of Garages5
- GaragesGarage Faces Rear
- ViewNone
- PoolNone
Additional Information
- Date ListedNovember 18th, 2025
- Days on Market47
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #SB25266595
- Price$2,095,000
- Bedrooms3
- Bathrooms3.00
- Acres0.15
- Year Built1949
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
- Listing AgentAnthony Walker
- Listing OfficeBuckingham Investments, Inc
Exterior
- ExteriorStucco
- Lot DescriptionRectangular Lot
- RoofComposition
- ConstructionStucco
- FoundationRaised
Community Information
- Address1415 Cedar
- Area4 - Downtown Area, Alamitos Beach
- Subdivisionn/a
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Interior
- InteriorCarpet, Tile
- AppliancesGas Cooktop, Gas Oven
- HeatingWall Furnace
- CoolingNone
- FireplacesNone
- # of Stories2
- StoriesTwo
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Similar Neighborhoods to "n/a" in Long Beach, California
Back to ResultsN/a
- City:
- Long Beach
- Price Range:
- $2,095,000 - $2,100,000
- Current Listings:
- 2
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Downtown (dt)
- City:
- Long Beach
- Price Range:
- $799,900 - $3,350,000
- Current Listings:
- 10
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Poly High (ph)
- City:
- Long Beach
- Price Range:
- $1,199,988 - $2,925,000
- Current Listings:
- 5
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of January 12th, 2026 at 7:15pm PST. 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.