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1439 Cedar

Long Beach, CA 90813
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Bed 3

Bed

Bath 2

Bath

SqFt7,435

Sqft(Lot)

1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and unit s with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,895,000

AD Id : 91510638

MLS Id : SB26175498

Beds : 3

Lot Size : 7,435 Sq. Ft

Year Built : 1928

Garage : 4

County : Los Angeles

Subdivision: Town Of Dania

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Feature Features

  • Interior Features

    Roof: Flat
    Appliances: GasRange, Refrigerator
    Laundry Features: CommonArea
    Window Features: DoublePaneWindows, WoodFrames
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1928
    Building Area Total: 10800
    Construction Materials: Stucco, CopperPlumbing
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7435 Lot Size Acres: 0.1707 Lot Size Source: Assessor Lot Size Square Feet: 7,435 Lot Description: RectangularLot

    Property Information

    Subdivision: Washington Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 98

  • Listing Price Information

    Listing Price: $2895000
    Conventional, Exchange1031

  • Tax Information

    Parcel Number: 7269041017 Tax Lot: 16

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: West on Pacific off PCH. Right on 15th St. Left on Cedar Avenue WaterSource: Public Security Features: CarbonMonoxideDetectors,ResidentManager,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1083 Gaviota Avenue, Long Beach, CA, 90813 $2,348,000 18 10 -- 6,114 Sq. Ft
1025 Gaviota Avenue, Long Beach, CA, 90813 $2,250,000 16 16 -- 6,085 Sq. Ft
1071 N Almond Court, Long Beach, CA, 90813 $888,000 8 5 -- 4,257 Sq. Ft
753 Cerritos Avenue, Long Beach, CA, 90813 $2,900,000 18 18 -- 7,338 Sq. Ft
801 Alamitos Avenue, Long Beach, CA, 90813 $1,599,000 2 1 -- 5,006 Sq. Ft
1035 Lime Avenue, Long Beach, CA, 90813 $2,000,000 3 3 -- 0.15 Acre
426 E 17th, Long Beach, CA, 90813 $1,650,000 5 10 -- 7,427 Sq. Ft
1136 Linden Avenue, Long Beach, CA, 90813 $1,630,000 3 -- -- 7,273 Sq. Ft
1111 Pine Avenue, Long Beach, CA, 90813 $2,125,000 1 2 -- 0.17 Acre
820 Cedar Avenue, Long Beach, CA, 90813 $2,900,000 1 2 -- 0.17 Acre

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 07:44

MLS: SB26175498 LISTED BY: Todd Slatcher, Jamison Management Company 310-798-9154 SOURCE: CRMLS

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