Contact Xavier Gomez
Schedule A Showing
1415 Cedar , Long Beach, CA 90813
Priced at Only: $2,095,000
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Address: 1415 Cedar , Long Beach, CA 90813
Property Location and Similar Properties
- MLS#: SB25266595 ( Commercial/Residential )
- Street Address: 1415 Cedar
- Viewed: 2
- Price: $2,095,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 0
- Days On Market: 147
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90813
- Subdivision: Other (othr)
- Provided by: Buckingham Investments, Inc
- Contact: Anthony Anthony

- DMCA Notice
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DescriptionLarge high yield postwar 10 unit property in a dense high demand rental area of Long Beach. Great unit mix with five 2 bed/1 bath units, four 1 bed/1 bath units, and one studio in nearly 7,000 square feet of rentable space. High in place cash flow at close with actual rents at 9.59X gross and a 6.2% cap rate plus a 12% upside to 8.43X GRM and a 7.4% cap rate at market. Community laundry room plus 5 garages for additional income or ADU conversion potential. All windows recently replaced in 2025. Convenient location in the Washington neighborhood directly across the street from Washington Middle School, currently undergoing a massive $176 Million reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. Walk Score 86/100
Features
Accessibility Features
- None
Appliances
- Gas Cooktop
- Gas Oven
Assessments
- Special Assessments
Association Fee
- 0.00
Building Area Total
- 6922.00
Carport Spaces
- 0.00
Commoninterest
- None
Common Walls
- 2+ Common Walls
Construction Materials
- Stucco
Cooling
- None
Country
- US
Days On Market
- 138
Current Financing
- Conventional
Direction Faces
- East
Electric
- Standard
Electric Expense
- 3447.00
Fencing
- Wrought Iron
Fireplace Features
- None
Flooring
- Tile
- Carpet
Foundation Details
- Raised
Fuel Expense
- 3447.00
Garage Rental Rate
- 100.00
Garage Spaces
- 5.00
Gardner Expense
- 2400.00
Heating
- Wall Furnace
Insurance Expense
- 12114.00
Laundry Features
- Common Area
Levels
- Two
Lockboxtype
- None
Lot Features
- Rectangular Lot
Netoperatingincome
- 130203.00
Newtaxesexpense
- 26188.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Number With Range
- 10
Parcel Number
- 7269041027
Parking Features
- Garage Faces Rear
Pest Control Expense
- 1200.00
Pool Features
- None
Professionalmanagementexpense
- 10380.00
Property Type
- Commercial/Residential
Road Frontage Type
- City Street
Road Surface Type
- Paved
Roof
- Composition
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 452604799:CRM
Spa Features
- None
Subdivision Name Other
- n/a
Tenant Pays
- Gas
- Electricity
Totalactualrent
- 18105.00
Totalexpenses
- 77394.00
Trash Expense
- 3448.00
Uncovered Spaces
- 0.00
Utilities
- Natural Gas Connected
- Sewer Connected
- Electricity Connected
- Water Connected
View
- None
Water Sewer Expense
- 3448.00
Water Source
- Public
Year Built
- 1949
Year Built Source
- Assessor
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com



























