1526 Cedar Avenue Long Beach, CA $ 1,150,000
1526 Cedar Avenue
$ 1,150,000
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1526 Cedar Avenue

Long Beach, CA, 90813
$ 1,150,000
Baths1.0 Sq 4,464

Monthly Estimate*

$ 7,175

Listed by Lyon Stahl Investment Real Estate, Inc.
1526 Cedar Avenue, Long Beach, CA 90813 - Image 1
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,150,000 with 1 full bath. This 4,464 square foot home was built in 1926 on a lot size of 0.1776.

1526 Cedar Avenue is a six-unit multifamily asset located in the Washington District of Long Beach, offering investors a true value-add opportunity with multiple paths to increase income and long-term value. Sitting on a large 7,735 square foot lot, the property provides the potential to add an ADU by converting the detached garages or utilizing the middle section of the lot, which would significantly boost future income (Buyer to Verify). In addition, the building features one vacant unit that allows a new owner to capture market rent immediately, while the property overall offers approximately 21.5% rental upside. The unit mix consists of (1) two-bedroom, one-bath unit and (5) one-bedroom, one-bath units. The property is also well-positioned near George Washington Middle School, which is currently undergoing a $175 million modernization project that will drive continued neighborhood improvement and tenant demand. Altogether, 1526 Cedar presents investors with the chance to capitalize on immediate income growth, long-term development potential, and the benefits of a rapidly gentrifying area.

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Multi-Family Contingent

Price

$ 1,150,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1776

Year Built

1926

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB25233154

Days on Market

79

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1926
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 107592
Community Features Sidewalks Urban
County Los Angeles
Net Operating Income 73017
Operating Expense 36492
Insurance Expense 5357
New Construction false
Property Type Residential Income
HOA false
Contingency PRIVATE REMARKS: Broker/Agent does not guarantee the accuracy of square footage lot size zoning rent control permits use code schools and/or other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professional.
Subdivision Name Washington District
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Head northwest on I-405 N 121 ft Take exit 42B for Inglewood Avenue 0.3 mi Turn left onto Inglewood Ave 394 ft Turn right to merge onto I-405 S toward Long Beach 0.2 mi Merge onto I-405 S 10.4 mi Take exit 32B to merge onto I-710 S toward Long Beach
City Long Beach
Entry Location front
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 6
MLS Area 5 - Wrigley Area
Lot Size Units Square Feet
Lot Size Square Feet 7735
Number of Units Leased 5
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 19
Property Sub Type Additional Apartment
Cap Rate 6
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 10
Lot Size Area 7735
Number of Buildings 2
Building Area Total 4464
Lot Size Acres 0.1776
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

stephen@lyonstahl.com

Email

Affordability Calculator

$7,175
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,150,000 Listed Price

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1526 Cedar Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,150,000 with 4,464 sqft and a lot size of 0.1776. 1526 Cedar Avenue is a studio with 1.0 baths and was built in 1926. The property's zip code is 90813 which is in Long Beach, CA