1040 Cedar, Long Beach, CA 90813
- $2,300,000
- Sold Price
- $2,300,000
- List Price
- $2,525,000
- Closing Date
- Aug 27, 2026
- Status
- CLOSED
- MLS#
- SB26064905
- Year Built
- 1963
- Lot Size
- 7,487
- Acres
- 0.17
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 23
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Downtown (Dt)
Property Description
Completely refurbished units with newer carpeting, and tile flooring, granite kitchen countertops. The complex is gated. plus, it is near the downtown area, the World Trade Center and courthouse The Gross multiplier is based on existing rent of the vacant unit at $1950. Property has its Balcony report.
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Additional Information
- Land Lease
- Yes
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $274,200
- Operating Expense
- 68862
- Garage Spaces
- 5
- Parking Spaces
- 5
Listing courtesy of Listing Agent: Jack Bliss (JacklBliss@hotmail.com) from Listing Office: J & P Realty.
Listing sold by Sam Sidhu from Rockview Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.