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Listed by: Todd Slatcher (310) 897-0224 DRE #01456645, Christie Slatcher DRE #01773506 | Jamison Management Company (310) 798-9154
$2,895,000
Monthly Est:$14,409
3 Beds
2 Baths
10,800sqft
1439 Cedar, Long Beach, CA 90813
$2,895,000
$14,409/moEst:
Get Pre-Approved
Apartment
Built in 1928
$-- HOA
7,435 sqft lot
$268/sq.ft
Description
1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and units with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.
- Houzeo last checked: 14 minutes ago
- Listing updated: September 27, 2026 at 4:41 am
- Source: California Regional MLS-CA | MLS#: SB26175498
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1928
HOA Fees
-
Finished Area
10,800 sqft
Lot Size
7,435 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26175498
MLS Status
Active
Days on Market
13
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Public Sewer
Heating
Wall Furnace
Flooring
Vinyl
Appliances
Gas Range, Refrigerator
Cooling
None
Window Features
Double Pane Windows, Wood Frames
Construction
Year Built
Year Built: 1928
Home type
Apartment
Foundation Details
Raised
Property Condition
Updated Remodeled
Architectural Style
Spanish
Roof
Flat
Construction Materials
Stucco, Copper Plumbing
Utilities & Energy
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Laundry Features
Common Area
Fireplace Features
None
Pool Features
None
Security Features
Carbon Monoxide Detectors, Resident Manager, Smoke Detectors
Electric
Standard
Other Features
Tenant Pays
Electricity
Disclosures
Familial Relation, Principal Is Real Estate Licensed
Lot Features
Rectangular Lot
Subdivision Name
Washington
Community Features
Park, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
09/25/2026 Source: | Listed for Sale | $2,895,000 $268/sqft |
Getting Around 1439 Cedar
Bike Score®
Very Bikeable
82/100
Walk Score®
Very Walkable
88/100
Transit Score®
Good Transit
69/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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