820 Cedar Ave , Long Beach, CA 90813
$2,900,000
Est. Payment: $15,360.30/mo
1 Bed
2 Bath
0 Sqft
Status: ACTIVE | Days on site: 6
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CR-H05626 - CR-OCLEESTYL
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House 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 propertys 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 citys 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.

Highlights

Listed by Tyler Leeson , 949-419-3326 Marcus & Millichap RE Invest , 949-419-3200. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

County

Los Angeles

Listing ID

OC26203758

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$15,360
Taxes
$1,849

Home Price

$2,900,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$580,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,360.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,360.30 $1,848.75 $0.00 $17,209.05
Yearly $184,323.62 $22,185.00 $0.00 $206,508.62
Total $5,529,708.52 $665,550.00 $0.00 $6,195,258.52

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T11:15:01.000Z

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