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Front exterior at 1425 Cedar, Long Beach, CA
Interior view at 1425 Cedar, Long Beach, CA
Photo 46 at 1425 Cedar, Long Beach, CA
For SaleActiveNew

1425 Cedar, Long Beach, CA 90813

12beds
10baths
1953
4parking

$1,995,000

About This Home

This 12-bedroom, 10-bathroom multi-family at 1425 Cedar in Long Beach, CA is listed for $1,995,000. Built in 1953, on a 0.15 acres lot.

Key Features

  • Built in 1953
  • 0.15 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
10 full
4-car garage
1953
Listing Description

Amazing 7.4% in-place yield plus a 10% upside to an 8.4% cap rate at market! 1953-built, 10-unit property in a dense, high-demand rental area of Long Beach. 8.9X GRM on current rents and 8.1X GRM at market for postwar units under $200K/door. Strong unit mix: (8) 1 bed / 1 bath and (2) 2 bed / 1 bath units.

4 of 10 units just remodeled with new flooring, lighting, kitchens and bathrooms. Community laundry room plus 4 garages for added income or ADU conversion potential. All units separately metered for gas and electricity. Directly across from Washington Middle School, currently undergoing a $176 million reconstruction. Just a few blocks to the Metro Blue Line rail station, PCH and the 710 Freeway. Over 60% of households within 5 miles are renters with an average household income of over $94,000 (Costar).

Monthly Cost Estimate

$10,670/mo

20% down · 6.5% · 30 years

Principal$1,443
Interest$8,645
Insurance$582

Estimates only. Actual payments may vary.

Location

1425 Cedar

Long Beach, CA 90813

Other (OTHR)

Property Details

Flooring

VinylTile

Construction

Stucco

Heating

Wall Furnace

Appliances

Gas Range

Questions & Answers

This 12-bedroom, 10-bathroom multi-family at 1425 Cedar is listed at $1,995,000. The estimated monthly payment is $10,670 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.15 acre lot, 2 stories, 4 parking spaces.

This property is listed by Anthony Walker.

AW

Anthony Walker

License 01908153

Agent at Buckingham Investments, Inc.

Listed by Buckingham Investments, Inc. · Broker phone: (562) 208-4890 · Broker website

MLS# SB26242091· Source: California Regional Multiple Listing Service, Inc· 7 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1425 Cedar, Long Beach, CA 90813

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