1415 Cedar Long Beach, CA $ 2,095,000
1415 Cedar
$ 2,095,000
Share Save

1415 Cedar

Long Beach, CA, 90813
$ 2,095,000
Baths1.0 Sq 6,922

Monthly Estimate*

$ 13,070

Listed by Buckingham Investments, Inc
1415 Cedar, Long Beach, CA 90813 - Image 1
1415 Cedar, Long Beach, CA 90813 - Image 2
1415 Cedar, Long Beach, CA 90813 - Image 3
1415 Cedar, Long Beach, CA 90813 - Image 4
1415 Cedar, Long Beach, CA 90813 - Image 5
1415 Cedar, Long Beach, CA 90813 - Image 6
1415 Cedar, Long Beach, CA 90813 - Image 7
1415 Cedar, Long Beach, CA 90813 - Image 8
1415 Cedar, Long Beach, CA 90813 - Image 9
1415 Cedar, Long Beach, CA 90813 - Image 10
1415 Cedar, Long Beach, CA 90813 - Image 11
1415 Cedar, Long Beach, CA 90813 - Image 12
1415 Cedar, Long Beach, CA 90813 - Image 13
1415 Cedar, Long Beach, CA 90813 - Image 14
1415 Cedar, Long Beach, CA 90813 - Image 15
1415 Cedar, Long Beach, CA 90813 - Image 16
1415 Cedar, Long Beach, CA 90813 - Image 17
1415 Cedar, Long Beach, CA 90813 - Image 18
1415 Cedar, Long Beach, CA 90813 - Image 19
1415 Cedar, Long Beach, CA 90813 - Image 20
1415 Cedar, Long Beach, CA 90813 - Image 21
1415 Cedar, Long Beach, CA 90813 - Image 22
1415 Cedar, Long Beach, CA 90813 - Image 23
1415 Cedar, Long Beach, CA 90813 - Image 24
1415 Cedar, Long Beach, CA 90813 - Image 25
1415 Cedar, Long Beach, CA 90813 - Image 26
View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $2,095,000 with 1 full bath. This 6,922 square foot home was built in 1949 on a lot size of 0.1516.

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

See more

Multi-Family Active

Price

$ 2,095,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1516

Year Built

1949

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB25266595

Days on Market

36

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Cooktop Gas Oven
HOA Fee 0
Garage Spaces 5
Pool Features None
Construction Materials Stucco
Year Built 1949
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 1200
Community Features Suburban
Accessibility None
County Los Angeles
Net Operating Income 130203
Operating Expense 77394
Insurance Expense 12114
New Construction false
Property Type Residential Income
HOA false
Subdivision Name n/a
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions West side of Cedar North of 14th St
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 10
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 6602
Carport Spaces 0
Number of Units Leased 10
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 3447
Current Financing Conventional
Fuel Expense 3447
Trash Expense 3448
Water Sewer Expense 3448
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 26
Total Actual Rent 18105
Property Sub Type Additional Mixed Use
Taxes 26188
Cap Rate 6.2
See more
Interior
Flooring Carpet Tile
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
See more
Exterior
Fencing Wrought Iron
Parking Features Garage Faces Rear
Lot Features Rectangular Lot
Water Source Public
Total Parking 5
Lot Size Area 6602
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 6922
Lot Size Acres 0.1516
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
Road Frontage Type City Street
See more
* Excluded Features
List By
Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

Affordability Calculator

$13,070
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,070
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$2,095,000 Listed Price

Map


See all

1415 Cedar, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,095,000 with 6,922 sqft and a lot size of 0.1516. 1415 Cedar is a studio with 1.0 baths and was built in 1949. The property's zip code is 90813 which is in Long Beach, CA