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419 CedarLong Beach, CA 90802

Downtown (DT) · Los Angeles County

$1,595,000List price
4,600Sq Ft
1910Year built
0.12Acre lot
2Garage
2Stories
9 weeks agoOn market

Description

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

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
1910
Stories
2
Building area
4,600 Sq Ft
Lot size
0.12 acres
Garage spaces
2
Parking spaces
2
Days on market
63
MLS® Listing#
PW26195086

Property Features

Pool
None
Laundry
Common Area · Laundry Room · See Remarks
Community
Street Lights · Sidewalks
Sewer
Public Sewer
Water source
Public
Parcel number
7280011019

Directions

South go Ocean Blvds/Ocean

Listing Courtesy: P.R.S. Properties - 714-328-0832

Presented by: Steve Gamez

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-05T00:00:00.000Z 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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