1526 Cedar Avenue, Long Beach, CA 90813
Property · 3 recorded sales since 2013
Sold January 2026
Listing Agent: Stephen Takahashi (DRE #01944770) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-403-9145 · Bought with: Liliane Tran · Vietnam USA Holding Corp · MLS #SB25233154 · Source: CRMLS
About this property
1526 Cedar Avenue is a six-unit multifamily asset located in the Washington District of Long Beach, offering investors a true value-add opportunity with multiple paths to increase income and long-term value. Sitting on a large 7,735 square foot lot, the property provides the potential to add an ADU by converting the detached garages or utilizing the middle section of the lot, which would significantly boost future income (Buyer to Verify). In addition, the building features one vacant unit that allows a new owner to capture market rent immediately, while the property overall offers approximately 21.5% rental upside. The unit mix consists of (1) two-bedroom, one-bath unit and (5) one-bedroom, one-bath units. The property is also well-positioned near George Washington Middle School, which is currently undergoing a $175 million modernization project that will drive continued neighborhood improvement and tenant demand. Altogether, 1526 Cedar presents investors with the chance to capitalize on immediate income growth, long-term development potential, and the benefits of a rapidly gentrifying area.
Listing description from the January 2026 sale, as reported to CRMLS.
Sale history
