1526 Cedar Avenue, Long Beach, CA 90813
Local realty services provided by:ERA Donahoe Realty
1526 Cedar Avenue,Long Beach, CA 90813
$1,150,000
- - Beds
- - Baths
- 4,464 sq. ft.
- Multi-family
- Active
Listed by:stephen takahashi
Office:lyon stahl investment real estate, inc.
MLS#:SB25233154
Source:CRMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$257.62
About this home
1526 Cedar Avenue is a six-unit multifamily asset located in the Washington District of Long Beach, offering investors a true value-add opportunity with multiple paths to increase income and long-term value. Sitting on a large 7,735 square foot lot, the property provides the potential to add an ADU by converting the detached garages or utilizing the middle section of the lot, which would significantly boost future income (Buyer to Verify). In addition, the building features one vacant unit that allows a new owner to capture market rent immediately, while the property overall offers approximately 54% rental upside. The unit mix consists of (1) two-bedroom, one-bath unit and (5) one-bedroom, one-bath units. The property is also well-positioned near George Washington Middle School, which is currently undergoing a $175 million modernization project that will drive continued neighborhood improvement and tenant demand. Altogether, 1526 Cedar presents investors with the chance to capitalize on immediate income growth, long-term development potential, and the benefits of a rapidly gentrifying area.
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Home facts
- Year built:1926
- Listing ID #:SB25233154
- Added:1 day(s) ago
- Updated:October 07, 2025 at 01:24 AM
Rooms and interior
- Living area:4,464 sq. ft.
Structure and exterior
- Year built:1926
- Building area:4,464 sq. ft.
- Lot area:0.18 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$257.62
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