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Listed by P.R.S. Properties, Steve Gamez, Listing Contact: [email protected]

$1,595,000

419 Cedar, Long Beach CA, 90802

Price per sqftN/A
Built in1910
Property typeMulti-family

Overview

Active

Listed Sep 5, 2026

Updated 8h ago

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

$10,612/mo

Est. mortgage payment based on a $1,595,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRPW26195086

Interior Features

Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by P.R.S. Properties, Steve Gamez DRE:00586247,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adela Gildo-Mazzon | CA DRE# 01371327 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 9:01 PM UTC, 10/23/2026

 

 

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