419 Cedar, Long Beach, CA 90802
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
419 Cedar,Long Beach, CA 90802
$1,595,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: steve gamez
Office: p.r.s. properties
MLS#:PW26195086
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,595,000
About this home
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
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Home facts
- Subdivision & Development:Downtown (DT)
- Listing ID #:PW26195086
- Added:47 day(s) ago
- Updated:October 23, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
Finances and disclosures
- Price:$1,595,000
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