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1425 Cedar Avenue — photo 1
1 / 15

Units

10

Building Size

6,222 sf

Lot Size

6,534 sf

Status

Active

Listing Agent: Tyler Leeson, Marcus & Millichap RE Invest

Long Beach

1425 Cedar Avenue

About This Property

1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.

Unit Mix

  • 1 unit · 1bd / 1ba
  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Asking Price

$2,025,000

Est. Monthly Payment

$12,940/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Tyler Leeson

Marcus & Millichap RE Invest