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4,600 sqft

$1,595,000

419 Cedar, Long Beach CA, 90802

Price per sqft$346.74
Built in1910
Property size4,600 sqft
Property typeCondominium
Listed by Steve Gamez CA DRE# 00586247 with P.R.S. Properties 714-328-0832

Overview

Active

Listed Sep 5, 2026

Updated 6h ago

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

$10,612/mo

Est. mortgage payment based on a $1,595,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26195086

Interior Features

Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Steve Gamez CA DRE# 00586247 with P.R.S. Properties 714-328-0832

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/22/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/22/2026 at 8:32 PM UTC Last Checked: 8:32 PM UTC

 

 

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