419 Cedar, Long Beach, CA 90802

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
419 Cedar,Long Beach, CA 90802
$1,595,000
  • - Beds
  • - Baths
  • 4,600 sq. ft.
  • Multi-family
  • Active
Listed by: steve gamez
Office: p.r.s. properties562-439-0566
MLS#:PW26195086
Source:CRMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$346.74

About this home

Great Downtown location blocks away from shopping, restaurants and so much more. Lower level contains a " MEETING ROOM"with its own bath. By adding a shower a stove and a front door- could potentially be a LOW COST ADU adding at least 1500.00 per month to income. (2) 1 bedroom tenants have given notice so there is potential for market rents. Classic building with great unit mix (1) 2 bedroom unit (4) 1 bedroom units and (1) studio unit along with (2) garages which potentially be a 2nd ADU. Laundry room leased for additional income. Nice backyard. Substantial upside in rents. Security cameras. Current Cap rate of 6 With 30% down, a new borrower could get a new loan of 70% LTV

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Home facts

  • Year built:1910
  • Subdivision & Development:Downtown (DT)
  • Listing ID #:PW26195086
  • Added:67 day(s) ago
  • Updated:November 12, 2026 at 08:23 PM

Rooms and interior

  • Living area:4,600 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:4,600 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$346.74

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
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