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1044 Cedar Avenue Long Beach, CA $ 1,995,000
1044 Cedar Avenue
$ 1,995,000
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1044 Cedar Avenue

Long Beach, CA, 90813
$ 1,995,000
Baths1.0 Sq 3,744

Monthly Estimate*

$ 12,446

Listed by Sagewood Properties
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,995,000 with 1 full bath. This 3,744 square foot home was built in 1915 on a lot size of 0.1711.

Exceptional Investment Opportunity in Prime Long Beach Location! Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building. Adding to its appeal, the property also offers an unpermitted 3-bed/1-bath basement unit (~780 SF) with an additional 380 SF of storage space, currently generating extra rental income. All units have been tastefully renovated with contemporary kitchens, updated bathrooms, and modern flooring, creating a turnkey opportunity for investors seeking immediate cash flow. The property’s central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether you’re looking to expand your portfolio or occupy one unit while renting out the others, 1044 Cedar Avenue combines modern living with excellent income potential.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 15,790

Style

Lot Size

0.1711

Year Built

1915

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

RS25231343

Days on Market

85

Features
General
Sewer Public Sewer
Heating Central See Remarks
Cooling Central Air See Remarks
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available
Roof Shingle
HOA Fee 0
Garage Spaces 0
Pool Features None
Construction Materials Drywall Stucco
Year Built 1915
Property Subtype Apartment
Tax Year 2025
Gross Income 152400
Community Features Sidewalks
County Los Angeles
Net Operating Income 106680
Operating Expense 45720
Insurance Expense 3000
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions Between 10th and 12th Street on Cedar Avenue.
City Long Beach
Entry Location Ground level
Senior Community Y/N 0
Open Parking Spaces 5
Number Of Units Total 6
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7451
Number of Units Leased 7
Listing Terms Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Tax Annual Amount 15790.29
Electric Expense 100
Fuel Expense 100
Trash Expense 1000
Water Sewer Expense 1000
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 20
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Laundry Features Washer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre Landscaped Sprinkler System
Water Source Public
Total Parking 5
Lot Size Area 7451
Number of Buildings 2
Building Area Total 3744
Lot Size Acres 0.1711
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Sagewood Properties

Broker

mindykim@gmail.com

Email

Affordability Calculator

$13,762
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,446
Monthly Property Taxes
$1,316
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$1,995,000 Listed Price

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1044 Cedar Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,995,000 with 3,744 sqft and a lot size of 0.1711. 1044 Cedar Avenue is a studio with 1.0 baths and was built in 1915. The property's zip code is 90813 which is in Long Beach, CA