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For sale
    • Listed by: Jamison Management Company • Todd Slatcher • Contact: 310-897-0224
    $2,895,000

    1439 Cedar Ave, Long Beach, CA 90813

    17beds
    16baths
    10,800sqft
    : 
    $19,897/mo
    Get pre-qualified
    Multi Family
    Built in 1928
    -- sqft lot
    $2,860,500 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    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.
    7 days
    21
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Slatcher DRE #01456645 310-897-0224,

    Jamison Management Company,

    Christie Slatcher DRE #01773506 310-798-9154,

    Jamison Management Company

    Source: CRMLS,MLS#: SB26175498MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 17
      • Bathrooms: 16
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Gas Range, Refrigerator
      • Laundry: Common Area
      Features
      • Flooring: Vinyl
      • Windows: Double Pane Windows, Wood Frames
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 10,800
      • Total interior livable area: 10,800 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front Door
      • Pool features: None
      • Spa features: None
      • Fencing: Wood
      Lot
      • Size: 7,435 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 7269041017
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Stucco, Copper Plumbing
      • Foundation: Raised
      • Roof: Flat
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Park, Sidewalks
      • Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
      • Subdivision: Washington
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $268/sqft
      • Date on market: 9/25/2026
      • Cumulative days on market: 7 days
      • Listing terms: Conventional,1031 Exchange
      • Exclusions: Washers and dryers are leased.
      • Total actual rent: 22795
      • Tenant pays: Electricity
      • Road surface type: Paved

        Estimated market value

        $2,860,500

        $2.72M - $3.00M

        $3,218/mo

        Price history

        DateEventPrice
        9/26/2026Listed for sale$2,895,000-6.5%$268/sqft
        Source: CRMLS #SB26175498 Report a problem
        1/6/2021Listing removed$3,095,000$287/sqft
        Source: The Agency #20640540 Report a problem
        10/1/2020Listed for sale$3,095,000$287/sqft
        Source: The Agency #20640540 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Washington School

        Getting around

        88 / 100
        Very Walkable
        69 / 100
        Good Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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