#PW24173858, Alec Kara, Listing Office: Keller Williams Pacific Estate
#SB25042843·
Listing office: Buckingham Investments, Inc·
Listing agent: Anthony Walker·
Listing office phone: 310-561-4776
$3,150,000 List price
1439 Cedar Ave Long Beach, CA 90813
0.2 acres
Condo
Property details
About 1439 Cedar Ave
This turnkey high yield 16 unit property is located in a dense rental demand area of Long Beach. There are 15 one bedroom units and 1 two bedroom unit in over 10,000 square feet of space, plus 4 garages and storage in rear. The high in-place cash flow with actual rents offers 9.9X gross at close, and 9.5X GRM at market rents. The property has been extensively renovated in recent years including exterior refresh, new windows, lighting, common area flooring, fencing, controlled access, and all units upgraded with vinyl flooring, new kitchens, bathrooms, paint, and lighting. The major systems include newer separately metered main electrical panel, full plumbing re-pipe in 2022, reinforced foundation, and a newer roof. The is a laundry room on the premises for additional income, and great potential for substantial upside through conversion of 4 garages and storage in rear structure to ADUs. The building is conveniently located in the Washington neighborhood directly across the street from Washington Middle School, which is currently undergoing a massive $176 Million reconstruction project. There is excellent transit access with only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. The property is also just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 Billion. Over 60% of household within 5 miles are renters with an average household income of over $94,000 (per Costar).
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.1707 Acres
Year built1928
ParkingGarage
MLS #SB25042843
Garage4 spaces
Summary
- Appliances: Gas Oven, Gas Range
- Flooring Type: Laminate
- Interior: High Ceilings, Multiple Staircases
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Garage
- Architectural Style: Spanish
- Heating: Wall Furnace
- Cooling: None
- List Price: $3,150,000
- Annual Tax Amount: $43,645
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: West side of Cedar, 1.5 blocks North of Anaheim.
- Year Built: 1928
- Stories: 2
- Lot Size: 0.1707 Acres
- MLS Number: SB25042843
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (310) 561-4776
- Listing Agent: Anthony Walker
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 3:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,150,000
1439 Cedar Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 12, 2021 | Home Sold | $3,095,000 |
| Apr 27, 2016 | Home Sold | $1,950,500 |
| Dec 18, 2013 | Home Sold | $1,395,000 |
| Aug 26, 2005 | Home Sold | $689,500 |
| Aug 26, 2005 | Home Sold | $689,500 |
| Jul 14, 2004 | Home Sold | $1,150,000 |
| Feb 21, 2003 | Home Sold | $692,000 |
| Oct 07, 1998 | Home Sold | $122,000 |
| Jun 15, 1995 | Home Sold | $120,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,286,518 | $43,645 |
| 2023 | $3,222,118 | $42,892 |
| 2022 | $3,158,980 | $40,266 |
| 2021 | $2,134,905 | $27,968 |
| 2020 | $2,110,956 | $27,565 |
| 2019 | $2,069,566 | $26,862 |
| 2018 | $2,028,988 | $26,576 |
| 2017 | $1,989,204 | $26,576 |
History based on county public records data.
Nearby schools
6
Roosevelt Elementary School
Public District KG-5
0.5 mi
•1574 Linden Ave
5
Oropeza Elementary School
Public District KG-5
0.7 mi
•700 Locust Ave
6
Edison Elementary School
Public District KG-5
0.8 mi
•625 Maine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,386. Most Long Beach, CA residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
47%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
19%
Single, No Kids
35%
Single, with Kids
10%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
13%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
Boston Market
Little Caesars
What do the neighbors drive?
Nissan
Honda
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1439 Cedar Ave
The listing price of 1439 Cedar Ave property is $3,150,000.
The property 1439 Cedar Ave is a condo located in Long Beach, California, 90813.
Active Listing: 1439 Cedar Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1439 Cedar Ave are: Roosevelt Elementary School (GreatSchools Rating 6/10), Oropeza Elementary School (GreatSchools Rating 5/10), Edison Elementary School (GreatSchools Rating 6/10), Washington Middle School (GreatSchools Rating 3/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Robinson K - 8 Academy (GreatSchools Rating 4/10), Educational Partnership High School (GreatSchools Rating 2/10), Intellectual Virtues Academy (GreatSchools Rating 5/10), Renaissance High School for the Arts (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $43,645 (source: MLS/based on county public records data).
The last sale was on January 12, 2021 for $3,095,000 (source: MLS/tax record).
The property at 1439 Cedar Ave has 0 bathroom.
The year of construction for 1439 Cedar Ave is 1928.
This home is located at 1439 Cedar Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $3,150,000.
Long Beach, CA housing market in April 2025 saw over 70 listings sold above listed price, more than 38 sold at listed price and over 65 sold below. The number of homes for sale in Long Beach, CA increased by 7.6% between March and April 2025. While the average time on the market in April 2025 was 33 days, the median list price was $839,980.
From Rocket Homes Real Estate and based on county public records data.