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1044 Cedar AvenueLong Beach, CA 90813

For Sale

$1,995,000

Smart Buyer Rebate $19,950

Exceptional Investment Opportunity in Prime Long Beach Location!
Discover this fully updated 6-unit apartment complex featuring modern finishes and smart layouts. The property includes a spacious front unit with 4 bedrooms and 3 bathrooms, ideal for an owner-occupant or premium rental, plus four well-designed 2-bed/1-bath units in the rear building. Adding to its appeal, the property also offers an unpermitted 3-bed/1-bath basement unit (~780 SF) with an additional 380 SF of storage space, currently generating extra rental income. All units have been tastefully renovated with contemporary kitchens, updated bathrooms, and modern flooring, creating a turnkey opportunity for investors seeking immediate cash flow. The property’s central location provides easy access to Downtown Long Beach, shopping, dining, freeways, and public transit, making it highly desirable for tenants. Whether you’re looking to expand your portfolio or occupy one unit while renting out the others, 1044 Cedar Avenue combines modern living with excellent income potential.

Listed by Mindy Kim

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License #01402568

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Sagewood Properties

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213-700-1516

Last updated October 02, 2025

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Source: CRMLS #RS25231343

Listing Facts

  • TypeMulti-family
  • NeighborhoodWillmore City
  • Days on Prevu20
  • Taxes$15,790.29/year

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/18/2025
Status changed to Active
$1,995,000
10/17/2025
Status changed to Removed from Feed
$1,995,000
10/02/2025
Listed by Sagewood Properties
$1,995,000

Property Details for 1044 Cedar Avenue

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Roof: Shingle
  • Stories Total: 2
  • Year Built: 1915
  • Common Walls: 2+ Common Walls
  • Construction Materials: Drywall, Stucco
  • Entry Level: 1
  • Entry Location: Ground level

Measurements

  • Building Area Total: 3,744
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre, Landscaped, Sprinkler System
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,451
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,451
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $152,400.00
  • Operating Expense: $45,720.00

Taxes

  • Parcel Number: 7272005028
  • Tax Annual Amount: $15,790.29
  • Tax Year: 2025

Other

Location

  • Tax Lot: 20

Parking

Parking

  • Open Parking Spaces: 5
  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air, See Remarks
  • Has Cooling: Yes
  • Heating: Central, See Remarks
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.