820 Cedar Ave Long Beach, CA 90813
Willmore NeighborhoodEstimated payment $19,272/month
Highlights
- 0.17 Acre Lot
- Laundry Facilities
- 2-minute walk to K-9 Corner Dog Park
- No HOA
- Level Lot
About This Home
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 property’s 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 city’s 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.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 09/17/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1928
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 6 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 10,584 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 3 / 15
- Tax Tract Number 575803
- Assessor Parcel Number 7272013014
- $3,143 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 16 Units
Amenities
- Laundry Facilities
Building Details
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,364
- Fuel Expense $2,480
- Insurance Expense $16,000
- Maintenance Expense $13,600
- Professional Management Expense $13,081
- Trash Expense $2,480
- Water Sewer Expense $2,480
- New Taxes Expense $36,804
- Operating Expense $110,832
- Gross Income $269,604
- Net Operating Income $150,783
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2026 09/17/26 | For Sale | $2,900,000 | -- | $274 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26203758
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