For sale

Listed by: P.R.S. Properties • Steve Gamez • Contact: 714-328-0832

$1,595,000

419 Cedar Ave, Long Beach, CA 90802

6beds

6baths

4,600sqft

$10,584/mo

Get pre-qualified

Multi Family

Built in 1910

-- sqft lot

$1,538,700 Zestimate^®

$347/sqft

$-- HOA

What's special

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

47 days
170
22

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6

Appliances

Laundry: Common Area, Laundry Room, See Remarks

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,600
Total interior livable area: 4,600 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Entry location: ground level
Pool features: None

Lot

Size: 5,364 Square Feet
Features: 16-20 Units/Acre

Details

Parcel number: 7280011019
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Street Lights, Sidewalks, Urban
Subdivision: Downtown (Dt)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $347/sqft
Date on market: 9/5/2026
Cumulative days on market: 48 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry
Total actual rent: 10308
Tenant pays: Electricity, Gas

Estimated market value

$1,538,700

$1.46M - $1.62M

$2,261/mo

Price history

Date	Event	Price
9/6/2026	Listed for sale	$1,595,000+99.6%$347/sqft
Source: CRMLS #PW26195086 Report a problem
9/23/2017	Listing removed	$1,095
Source: Beach Cities Management - Property # 385371 Report a problem
8/30/2017	Listed for rent	$1,095-21.5%
Source: Beach Cities Management - Property # 385371 Report a problem
7/29/2017	Listing removed	$1,395
Source: Beach Cities Management - Property # 357866 Report a problem
7/11/2017	Listed for rent	$1,395-0.4%
Source: Beach Cities Management - Property # 357866 Report a problem
2/3/2017	Listing removed	$1,400
Source: Beach Cities Management - Property # 283467 Report a problem
1/23/2017	Listed for rent	$1,400
Source: Beach Cities Management - Property # 283467 Report a problem
7/4/2013	Listing removed	$799,000$174/sqft
Source: Century 21 Beachside Realtors of CA #S719894 Report a problem
5/10/2013	Pending sale	$799,000$174/sqft
Source: Century 21 Beachside Realtors of CA #S719894 Report a problem
3/14/2013	Price change	$799,000-3.2%$174/sqft
Source: Century 21 Beachside Realtors of CA #S719894 Report a problem
12/8/2012	Listed for sale	$825,000$179/sqft
Source: Century 21 Beachside Realtors of CA #S719894 Report a problem