Address
820 Cedar Avenue, Long Beach, CA
Price
$ 2,900,000
Property Attributes
- MLS#OC26203758
- TypeMulti-Family
- Listing Status Active
- CountyLos Angeles
- CityLong Beach
- Area Downtown Area, Alamitos Beach
- NeighborhoodOther
- Zip90813
- Style
- Year Built1928
- Price$ 2,900,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage10584
- Lot Size0.17 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
820 Cedar Avenue is a 16-unit multifamily investment property located in Long Beach, California. 820 Cedar Avenue was built in 1928 and features a unit mix of 12 studios and 4 1-bedroom/1-bath units across approximately 10,584 square feet of net rentable area. The controlled-access property features interior hallways leading to the residences, an on-site laundry facility and 6 garage parking spaces. The laundry facility provides a convenient tenant amenity and ancillary income stream, while the garage spaces offer additional parking utility and revenue potential. The property has undergone substantial interior and building-system improvements. Ownership reports that all units feature new kitchens and bathrooms, with 14 of the 16 units taken down to the studs. Ownership also upgraded the property’s plumbing to copper, while electrical subpanels were upgraded in 13 of the 16 units. 820 Cedar Avenue is located near Downtown Long Beach and a short distance from the East Village Arts District, providing residents with convenient access to dining, entertainment and employment destinations throughout the city. The property is also near Shoreline Marina, the waterfront and the city’s beaches, while nearby I-710 provides connectivity throughout the region. The Ports of Long Beach and Los Angeles are also readily accessible from the property. 820 Cedar Avenue combines substantial interior and building-system improvements with practical resident amenities and proximity to major employment, entertainment and coastal destinations throughout Long Beach.
| Price History | |
|---|---|
| 9/17/2026 | Listed $2,900,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Garage Spaces | 6 |
| Pool Features | None |
| Year Built | 1928 |
| Property Subtype | Apartment |
| Gross Income | 269604 |
| Community Features | Curbs,Gutter(s),Street Lights,Sidewalks |
| County | Los Angeles |
| Net Operating Income | 150783 |
| Operating Expense | 110832 |
| Insurance Expense | 16000 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| MaintenanceExpense | 13600 |
| Subdivision Name | Other |
| Garage Y/N | true |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Cross Streets of Cedar Avenue & West 8th Street |
| City | Long Beach |
| Entry Location | First level |
| Senior Community Y/N | false |
| Number Of Units Total | 16 |
| MLS Area | 4 - Downtown Area, Alamitos Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7405.2 |
| Listing Terms | Cash,Cash to New Loan,Conventional,1031 Exchange |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Electric Expense | 2364 |
| Fuel Expense | 2480 |
| Trash Expense | 2480 |
| Water Sewer Expense | 2480 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | false |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 3 |
| Property Sub Type Additional | Apartment |
| Taxes | 36804 |
| Cap Rate | 5.2 |
| PostalCity | LONG BEACH |
Interior Features
| Total Stories | 2 |
|---|---|
| Common Walls | No Common Walls |
| Laundry Features | Common Area |
| Entry Level | 1 |
Exterior Features
| Lot Features | Street Level |
|---|---|
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 0.17 |
| Number of Buildings | 1 |
| Building Area Total | 10584 |
| Lot Size Acres | 0.17 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 1 |
| Number of Separate Gas Meters | 16 |
| Number of Separate Electric Meters | 16 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 90813
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 10:38 AM UTC This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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MetroList CA data last updated: September 21, 2026 10:07 AM UTC 