330 Cedar Avenue, Long Beach, CA 90802
Property
Sold August 2026
Listing Agent: Jonathan Swire (DRE #01336277) · Listing Office: The Agency · Contact: 424-230-3700 · Bought with: Cameron Jacques · Kinnery's Brokerage House · MLS #25618923 · Source: CRMLS
How this sale compares
330 Cedar Avenue sold for $4,695,000 in August 2026, 1.1% under its $4,746,700 list price, after 237 days on the market. It was first listed at $4,750,000. That works out to $334 per square foot on 14,055 square feet. Across 226 closed sales in 90802 over the last 12 months, the median sold price is $525,000 and the median is $561 per square foot, 68% above this sale's $334.
| Quarter | Closed sales in 90802 | Median sold price |
|---|---|---|
| Q1 2026 | 14 | $530,000 |
| Q2 2026 | 103 | $520,000 |
| Q3 2026 | 91 | $550,000 |
| Q4 2026 | 18 | $540,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90802
Description
PRICED TO SELL. Under 10 GRM and 6.0% CAP. 25 units in the heart of Downtown Long Beach. Excellent unit mix for the area. Well-maintained and professionaly managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). The building is blocks from over $8BB in redevelopment including the new Library and many new apartment complexes and restaurants. All unit interiors and common areas heavily updated. The buildings electrical was updated to a 400 AMP main panel and 60 AMPS in each unit and the roof was replaced in 2020. The building was also retrofitted in 1989. New laminate flooring throughout the common areas. Onsite laundry in the basement area. There is a separate house in the rear that has 2 large units - a 3 bed/1 bath and 1 bed/1 bath unit. Loan quote provided by David Guevara. Momenta Capital Group. Qualified Buyers can put as little as 28% down and earn over an 8% cash on cash return against in-place rents. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 330 Cedar Avenue
315 W 3rd 212: Sold $245,000 · 1 ba · 487 sqft · Oct 2026 · 0.0 mi
Mark 1 Real Estate Inc | DRE #00886093
Buyer's agent: Alonso Ruiz, CA-RES | DRE #02134737115 W 4th Street 308: Sold $775,000 · 1 bd · 1 ba · 1,735 sqft · Sep 2026 · 0.1 mi
Fiv Realty Co | DRE #01907002
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01293326100 W 5th Street 8D: Sold $785,000 · 1 bd · 2 ba · 1,457 sqft · Oct 2026 · 0.2 mi
Real Broker | DRE #02130981
Buyer's agent: Rima Joumblat, Coldwell Banker Realty | DRE #01344456401 W 5th Street 3B: Sold $430,000 · 2 bd · 2 ba · 956 sqft · Oct 2026 · 0.2 mi
Circle Real Estate | DRE #01959710
Buyer's agent: Maria Guerrero, Y Realty | DRE #01911984401 W 5th Street 1A: Sold $500,000 · 2 bd · 2 ba · 1,126 sqft · Oct 2026 · 0.2 mi
Keller Williams Pacific Estate | DRE #02105982
Buyer's agent: Brian Brown, Brown House Realty | DRE #01781643133 The Promenade N 107: Sold $600,000 · 2 bd · 2 ba · 1,100 sqft · Oct 2026 · 0.3 mi
Access Coastal Realty | DRE #01426415
Buyer's agent: Enrique Blanchet, Coldwell Banker Realty | DRE #01273771133 The Promenade N 417: Sold $590,000 · 2 bd · 2 ba · 1,230 sqft · Aug 2026 · 0.3 mi
Duck Group Real Estate | DRE #01812083
Buyer's agent: Rick Lee, Real Broker | DRE #02130981535 W 4th 312: Sold $330,000 · 1 bd · 1 ba · 552 sqft · Aug 2026 · 0.3 mi
eXp Realty of California, Inc. | DRE #02186898
Buyer's agent: Mikail Sujan, T.N.G. Real Estate Consultants | DRE #02149977
Closed sales reported in 90802, nearest first, last 12 months. All recent sales in Long Beach →