For sale · Active

1439 Cedar

Long Beach, CA 90813

$2,895,000
Lot size0.1707 acres
Property typeApartment
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Listing broker / agent: Jamison Management Company · Todd Slatcher · 310-897-0224 · CRMLS

MLS # SB26175498 · Last checked Oct 20, 2026 06:22 UTC

About this property

1439 Cedar Avenue is a 16-unit apartment building with substantial remodeling and improvements. This property boasts a 9.01X GRM and a 6.5% cap rate off actuals. While this property has the charm of the 1920's with its higher ceilings and arched architecture, many of the systems and units have been upgraded/improved. The main electrical panel was upgraded in the 1990s. All the hot and cold-water supply lines were replaced in 2021. Prior to current ownership, the mail drain line was replaced with ABS in the larger than average crawlspace and substantial improvements were made to the foundation. All the units feature vinyl plank and ceramic-type tile flooring. Some units have had kitchen remodels with newer cabinets and quartz countertops. Pretty good mix of open floor plans and units with large walk-in closets. There are stairs leading to the roof for easy access and maintenance. There is on-site laundry and 4 garage spots which are rented for additional income. This property is located directly across the street from Washington Middle School which is currently undergoing a $176 million reconstruction process. It is conveniently located close to the 710 freeway, downtown Long Beach, and city transportation. 1439 Cedar Avenue offers steady cash flow with limited capital expenditure risk in a dense rental market.

Property details

MLS number
SB26175498
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.1707 acres
County
Los Angeles
Year built
1928
Stories
2
More property detailsExpandCollapse

Listing

Days on market
1

Building

Year built
1928
Year built source
Assessor
Architectural style
Spanish
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Stucco, Copper Plumbing
Roof
Flat
Foundation
Raised
Condition
Updated Remodeled

Rooms & interior

Appliances
Gas Range, Refrigerator
Flooring
Vinyl
Heating
Wall Furnace
Cooling
None
Fireplace
None
Laundry
Common Area

Exterior & parking

Total parking spaces
4
Garage spaces
4
Pool
None
Spa
None
Lot features
Rectangular Lot
Lot size source
Assessor
Fencing
Wood
Property outlook
None

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community features
Park, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Intellectual Virtues Academy (school website, opens in a new tab) Los Angeles County Office of Education · Long Beach 9–12 0.4 mi
Roosevelt Elementary Long Beach Unified · Long Beach K–5 0.5 mi
Renaissance High School for the Arts Long Beach Unified · Long Beach 9–12 0.6 mi
Jenny Oropeza Elementary Long Beach Unified · Long Beach K–5 0.7 mi
Polytechnic High Long Beach Unified · Long Beach 9–12 0.7 mi
Edison Elementary Long Beach Unified · Long Beach K–5 0.8 mi
Clear Passage Educational Center (school website, opens in a new tab) Long Beach Unified · Long Beach 9–12 0.8 mi
Bobbie Smith Elementary Long Beach Unified · Long Beach K–5 1.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$2,895,000
MLS-reported original asking price
$2,895,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:01$2,895,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Long Beach

Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings597Current authorized inventory
Median asking price$710,000597 listings with a valid price
Median asking price / sq ft$618.95568 listings with confirmed sq ft
Median days on market31597 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction107
Listings with an increase4

109 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 07:07 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

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