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1425 Cedar
Long Beach CA 90813 US

$1,995,000

Active Listing ID SB26242091
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12 bed
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10.00 Bath (10 Full)
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Lot: 0.15 Acres
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Apartment

$1,995,000

Active Listing ID SB26242091
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1425 Cedar 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).

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 10
  • Floor Covering: Vinyl, Tile
  • Roof Type: Flat
  • Heating Fuels: Wall Furnace

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 1995000
  • unparsedaddress: 1425 Cedar
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90813
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1536
  • lotsizeunits: Acres
  • lotsizearea: 0.1536
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Anthony Walker
  • listagentemail: Anthony.walker@buckinghaminvestments.com
  • listagentkey: 3yd-MRMLSCA-SBWALKANT
  • listagentmlsid: SBWALKANT
  • listagentpreferredphone: 3105614776
  • listagentofficephone: 3105614776
  • listofficekey: 3yd-MRMLSCA-SB1301700
  • listagentstatelicense: 01908153
  • listofficemlsid: SB1301700
  • disclaimer: 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.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1953
  • listingcontractdate: 2026-11-07
  • listagentfax: 3109827054
  • listagenturl: http://www.buckinghaminvestments.com
  • countyorparish: Los Angeles
  • parcelnumber: 7269041021
  • appliances: Gas Range
  • constructionmaterials: Stucco
  • flooring: Vinyl, Tile
  • heating: Wall Furnace
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 8, Bedroom 7, Bathroom 10, Bedroom 5, Bathroom 1, Laundry Room, Bedroom 9, Bathroom 3, Bathroom 9, Bedroom 12, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 10, Bedroom 11, Bedroom 2, Bathroom 2, Bathroom 7, Bathroom 6, Bedroom 1
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Buckingham Investments, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Anthony.walker@buckinghaminvestments.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"buckingham.inv@gmail.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/2f4aeb4161b611e6ad540242ac110004k-c3476606804r.png", "ListBrokerageName":"Buckingham Investments, Inc.", "ListBrokeragePhone":"(562) 208-4890", "ListBrokeragePostalCode":"90802", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Ste 607", "ListBrokerageUnparsedAddress":"320 Pine Ave", "ListBrokerageWebsiteUrl":"http://www.buckinghaminvestments.com", "ListOfficeAddress1":"1304 El Prado Ave Ste C ", "ListOfficeAddress2":"Ste 607", "ListOfficeBrokerMlsId":"SB1301700", "ListOfficeCity":"Torrance", "ListOfficeCountry":"US", "ListOfficeEmail":"buckingham.inv@gmail.com", "ListOfficePostalCode":"90501", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Long Beach, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-11-12 10:46:28", "Neighborhoods":[{"Description":null, "Name":"Other (OTHR)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 4
Listing Changed: 11/12/2026 7:26:09 PM GMT
Source Updated Date: 11/15/2026 12:49:26 AM GMT

Courtesy of: Anthony Walker, Buckingham Investments, Inc, Anthony.walker@buckinghaminvestments.com

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.