1629 Cedar Ave

4
Baths
3,091 Sq. Ft.
$249 / Sq. Ft.
3,091
Sq. Ft.
$249
per Sq. Ft.

Description

Well maintained 4 unit garden style building in a strong rental area of Long Beach. Each unit has 2 bedrooms and 1 bath and all the units have been upgraded in the past two years. Each unit also has a one car garage. With current rents this building generates close to a 7% cap rate. Buyer to cooperate with seller on a 1031 exchange. Agents please see showing instructions. Excellent investment property.Well maintained 4 unit garden style building in a strong rental area of Long Beach. Each unit has 2 bedrooms and 1 bath and all the units have been upgraded in the past two years. Each unit also has a one car garage. With current rents this building generates close to a 7% cap rate. Buyer to cooperate with seller on a 1031 exchange. Agents please see showing instructions. Excellent investment property.
  1. Listed by Greg Sorah • DRE #00481575 • Brokerage DRE #00594251 • ReMax Unlimited R.E.

Property Details for 1629 Cedar Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3091
Assessor Parcel Number
7269-039-012
Property Attached YN
true
LISTING UPDATED: 10/15/2017 05:16 AM

Property Details for 1629 Cedar Avenue

StatusClosed
MLS #PW17202981
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.17 AC / 7,551 SF
CountyLos Angeles County

Location

Listing Courtesy of ReMax Unlimited R.E., Greg Sorah, DRE #00481575

Sold By ReMax Unlimited R.E., Greg Sorah, DRE #00481575

Add your commute

Building Information for 1629 Cedar Avenue

Stories-Residences-Year Built1942Building Size-Lot Size0.17 AC / 7,551 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,751 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,753

Property Taxes

$998

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1629 Cedar Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $3,000
  • Gross Scheduled Income: $60,000
  • Vacancy Allowance: 1800
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $47,000
  • Number Of Rented Garages: 4
  • Laundry Income: $250
  • Gross Multiplier: 11.3
  • Cap Rate: 6.67
  • Financing: Cash
Expense Details
  • Operating Expense: $13,000
  • New Taxes Expense: $7,500
  • Electric Expense: $360
  • Insurance Expense: $2,000
  • Trash Expense: $2,300
  • Water Sewer Expense: $3,100
  • Total Expenses: $15,260
Tax / Assessment Info
  • Tax Tract Number: 22222
  • Tax Census Tract: 5754.01
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Lot 6500-9999, Level, Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Meter on Property
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Alamitos Beach
  • Builders Tract Code: Alamitos Beach (AB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1629 Cedar Avenue

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Withdrawn / Cancelled

CRMLS #SB25237854

$1,399,000—
Dec 8, 2025

Withdrawn / Cancelled

SDMLS #SB25237854

$1,399,000—
Dec 8, 2025

Withdrawn / Cancelled

CLAW #SB25237854MR

—
Oct 30, 2025

Accepting Backup Offers

SDMLS #SB25237854

—
Oct 30, 2025

Accepting Backup Offers

CLAW #SB25237854MR

—
Oct 30, 2025

Accepting Backup Offers

CRMLS #SB25237854

—
Oct 13, 2025

Listed (Active)

CLAW #SB25237854MR

$1,399,000—
Oct 13, 2025

Listed (Active)

CRMLS #SB25237854

$1,399,000—
Oct 11, 2025

Listed (Active)

SDMLS #SB25237854

$1,399,000—
Oct 15, 2017

Sold

SDMLS #PW17202981

$770,000—
Oct 15, 2017

Sold

CLAW #PW17202981MR

$770,000—
Oct 15, 2017

Sold

CRMLS #PW17202981

$770,000—
Sep 14, 2017

Sold (Public Record)

Public Record #606786737

$765,000

+13.4% / yr

Sep 5, 2017

Pending

CRMLS #PW17202981

—
Sep 5, 2017

Pending

CLAW #PW17202981MR

—
Sep 1, 2017

Listed (Active)

SDMLS #PW17202981

$679,000—
Sep 1, 2017

Listed (Active)

CLAW #PW17202981MR

$679,000—
Sep 1, 2017

Listed (Active)

CRMLS #PW17202981

$679,000—
Feb 27, 2012

Sold (Public Record)

Public Record #324455165

$380,000

-8.6% / yr

Dec 30, 2011

Sold

CRMLS #P803379

$400,000—
Dec 30, 2011

Sold

CLAW #P803379MR

$400,000—
Dec 5, 2011

Pending

CRMLS #P803379

—
Dec 5, 2011

Pending

CLAW #P803379MR

—
Nov 16, 2011

Listed (Active)

CRMLS #P803379

$373,500—
Nov 16, 2011

Listed (Active)

CLAW #P803379MR

$373,500—
Mar 21, 2011

Withdrawn / Cancelled

CLAW #F1860315CN

—
Mar 21, 2011

Withdrawn / Cancelled

CRMLS #F1860315

$325,000—
Nov 30, 2010

Withdrawn / Cancelled

CRMLS #F1859881

$325,000—
Oct 28, 2010

Listed (Active)

CLAW #F1860315CN

$325,000—
Oct 28, 2010

Listed (Active)

CRMLS #F1860315

$325,000—
Oct 25, 2010

Listed (Active)

CRMLS #F1859881

$325,000—
Aug 4, 2006

Withdrawn / Cancelled

CRMLS #P509459

$759,000—
Aug 4, 2006

Withdrawn / Cancelled

CLAW #P509459MR

—
May 1, 2006

Listed (Active)

CRMLS #P509459

$759,000—
May 1, 2006

Listed (Active)

CLAW #P509459MR

$759,000—
May 1, 2006

Listed (Active)

CRMLS #CC219632

$759,000—
Aug 15, 2005

Sold

CRMLS #I504253

$691,000—
Aug 15, 2005

Sold

CLAW #I504253MR

$691,000—
Aug 15, 2005

Sold

CRMLS #CC216910

$691,000—
Aug 15, 2005

Sold

CLAW #P436863MR

$691,000—
Aug 15, 2005

Sold

CRMLS #P436863

$691,000—
Jul 18, 2005

Pending

CLAW #P436863MR

—
Jul 18, 2005

Pending

CRMLS #P436863

—
Jul 15, 2005

Sold (Public Record)

Public Record #162404365

$691,000

+32.6% / yr

Jul 15, 2005

Pending

CRMLS #I504253

—
Jul 15, 2005

Pending

CLAW #I504253MR

—
Feb 16, 2005

Listed (Active)

CLAW #P436863MR

$689,990—
Feb 16, 2005

Listed (Active)

CRMLS #I504253

$689,990—
Feb 16, 2005

Listed (Active)

CRMLS #CC216910

$689,990—
Feb 16, 2005

Listed (Active)

CRMLS #P436863

$689,990—
Feb 16, 2005

Listed (Active)

CLAW #I504253MR

$689,990—
Jan 13, 2005

Sold (Public Record)

Public Record #149582768

$600,000

+31.8% / yr

Sep 25, 2004

Expired

CRMLS #I409220

$589,000—
Sep 25, 2004

Expired

CLAW #I409220MR

—
Apr 24, 2004

Listed (Active)

CLAW #I409220MR

$589,000—
Apr 24, 2004

Listed (Active)

CRMLS #I409220

$589,000—
Aug 31, 2003

Expired

CRMLS #A315756

$400,000—
Aug 31, 2003

Expired

CLAW #A315756MR

—
May 20, 2003

Sold (Public Record)

Public Record #112360873

$380,000

+66.8% / yr

Feb 10, 2003

Listed (Active)

CLAW #A315756MR

$400,000—
Feb 10, 2003

Listed (Active)

CRMLS #A315756

$400,000—
Jun 26, 2002

Sold (Public Record)

Public Record #94612380

$240,000—
DateEvent & SourcePrice
12/08/2025

Withdrawn / Cancelled

CRMLS #SB25237854

$1,399,000
12/08/2025

Withdrawn / Cancelled

SDMLS #SB25237854

$1,399,000
12/08/2025

Withdrawn / Cancelled

CLAW #SB25237854MR

—
10/30/2025

Accepting Backup Offers

SDMLS #SB25237854

—
10/30/2025

Accepting Backup Offers

CLAW #SB25237854MR

—
10/30/2025

Accepting Backup Offers

CRMLS #SB25237854

—
10/13/2025

Listed (Active)

CLAW #SB25237854MR

$1,399,000
10/13/2025

Listed (Active)

CRMLS #SB25237854

$1,399,000
10/11/2025

Listed (Active)

SDMLS #SB25237854

$1,399,000
10/15/2017

Sold

SDMLS #PW17202981

$770,000
10/15/2017

Sold

CLAW #PW17202981MR

$770,000
10/15/2017

Sold

CRMLS #PW17202981

$770,000
09/14/2017

Sold (Public Record)

Public Record #606786737

$765,000

+13.4% / yr

09/05/2017

Pending

CRMLS #PW17202981

—
09/05/2017

Pending

CLAW #PW17202981MR

—
09/01/2017

Listed (Active)

SDMLS #PW17202981

$679,000
09/01/2017

Listed (Active)

CLAW #PW17202981MR

$679,000
09/01/2017

Listed (Active)

CRMLS #PW17202981

$679,000
02/27/2012

Sold (Public Record)

Public Record #324455165

$380,000

-8.6% / yr

12/30/2011

Sold

CRMLS #P803379

$400,000
12/30/2011

Sold

CLAW #P803379MR

$400,000
12/05/2011

Pending

CRMLS #P803379

—
12/05/2011

Pending

CLAW #P803379MR

—
11/16/2011

Listed (Active)

CRMLS #P803379

$373,500
11/16/2011

Listed (Active)

CLAW #P803379MR

$373,500
03/21/2011

Withdrawn / Cancelled

CLAW #F1860315CN

—
03/21/2011

Withdrawn / Cancelled

CRMLS #F1860315

$325,000
11/30/2010

Withdrawn / Cancelled

CRMLS #F1859881

$325,000
10/28/2010

Listed (Active)

CLAW #F1860315CN

$325,000
10/28/2010

Listed (Active)

CRMLS #F1860315

$325,000
10/25/2010

Listed (Active)

CRMLS #F1859881

$325,000
08/04/2006

Withdrawn / Cancelled

CRMLS #P509459

$759,000
08/04/2006

Withdrawn / Cancelled

CLAW #P509459MR

—
05/01/2006

Listed (Active)

CRMLS #P509459

$759,000
05/01/2006

Listed (Active)

CLAW #P509459MR

$759,000
05/01/2006

Listed (Active)

CRMLS #CC219632

$759,000
08/15/2005

Sold

CRMLS #I504253

$691,000
08/15/2005

Sold

CLAW #I504253MR

$691,000
08/15/2005

Sold

CRMLS #CC216910

$691,000
08/15/2005

Sold

CLAW #P436863MR

$691,000
08/15/2005

Sold

CRMLS #P436863

$691,000
07/18/2005

Pending

CLAW #P436863MR

—
07/18/2005

Pending

CRMLS #P436863

—
07/15/2005

Sold (Public Record)

Public Record #162404365

$691,000

+32.6% / yr

07/15/2005

Pending

CRMLS #I504253

—
07/15/2005

Pending

CLAW #I504253MR

—
02/16/2005

Listed (Active)

CLAW #P436863MR

$689,990
02/16/2005

Listed (Active)

CRMLS #I504253

$689,990
02/16/2005

Listed (Active)

CRMLS #CC216910

$689,990
02/16/2005

Listed (Active)

CRMLS #P436863

$689,990
02/16/2005

Listed (Active)

CLAW #I504253MR

$689,990
01/13/2005

Sold (Public Record)

Public Record #149582768

$600,000

+31.8% / yr

09/25/2004

Expired

CRMLS #I409220

$589,000
09/25/2004

Expired

CLAW #I409220MR

—
04/24/2004

Listed (Active)

CLAW #I409220MR

$589,000
04/24/2004

Listed (Active)

CRMLS #I409220

$589,000
08/31/2003

Expired

CRMLS #A315756

$400,000
08/31/2003

Expired

CLAW #A315756MR

—
05/20/2003

Sold (Public Record)

Public Record #112360873

$380,000

+66.8% / yr

02/10/2003

Listed (Active)

CLAW #A315756MR

$400,000
02/10/2003

Listed (Active)

CRMLS #A315756

$400,000
06/26/2002

Sold (Public Record)

Public Record #94612380

$240,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1629 Cedar Avenue

Taxable ValueLand$341,347Additions$529,088Total$870,435
Tax Record2025$11,978 ($998 / month)
Home Facts
Total Finished SqFt3,091 SqFtAbove Grade Finished SqFt3,091 SqFtLot Size7,551 SqFtStyleQuadraplexYear Built1942ZoningLBR4NCountyLOS ANGELESAPN7269-039-012

Schools near 1629 Cedar Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lafayette Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ReMax Unlimited R.E., Greg Sorah, DRE #00481575

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.