1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.
| MLS # | OC26183126 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 13 |
| Listing Provided By | Marcus & Millichap RE Invest | Tyler Leeson |
| SQ Feet | 6,222 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 2 |
| Acreage | 0.15 |
| Lot Features | Street Level |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Gutters, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,045,000 low | high Med: $804,495 sqft: 6,222 low | high Med: 2,656 $ / sqft: $329 low | high Med: $314 On site: 13 low | high Med: 122.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90813 |
| Area | 4 Downtown Area | Alamitos Beach |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,045,000 low | high Med: $804,495 sqft: 6,222 low | high Med: 2,656 $ / sqft: $329 low | high Med: $314 On site: 13 low | high Med: 122.5 | |
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