$2,349,000
Original price: $2,399,000
6 Beds
14 Baths
8,086 sqft
1217 Cedar Ave, Long Beach, CA 90813
Est. Mortgage $14,761/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1929
$291/sqft
Local Information
- Map ViewExplore the area around 1217 Cedar Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
PRICED TO SELL AT 9.1 GRM & 7.0% CAP WITH UPSIDE TO 7.4% CAP. Earn over a 9% cash on cash return against in place rents. 14 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). The property is professionally managed and well maintained. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a 200 AMP main panel with 30 AMP subpanels (Buyer to verify). 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. The City of Long Beach also just approved a $38MM makeover of the Long Beach Airport in preperation for the 2028 Olympics. Qualfied Buyers can get a new loan at 5.85% Fixed for 5 years.
Last check for updates: about 19 hours ago
Listing courtesy of Jonathan Swire DRE # 01336277, (310) 948-2631
The Agency, (424) 230-3700
Source: CLAW, MLS#26825645
Also Listed on CRMLS.
Home Details for 1217 Cedar Ave
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 14 |
Dimensions and Layout Living Area: 8086 Square Feet |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Multi/Split |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
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Days on Market: 120 |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 7272001023 |
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Price List Price: $2,349,000Price Per Sqft: $291 |
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MLS Status: Active |
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Direction & Address City: Long Beach |
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Listing Agent Listing ID: 26825645 |
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Building Area Building Area: 8086 Square Feet |
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Lot Area: 7135.128 sqft |
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Special Conditions: Standard |
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Mls Number: 26825645 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Willmore City
At least 159 Trulia users voted on each feature.
95 % Say there are sidewalks
82 % Say it's dog friendly
75 % Say it's walkable to restaurants
75 % Say it's walkable to grocery stores
65 % Say car is needed
55 % Say there's holiday spirit
53 % Say streets are well-lit
51 % Say yards are well-kept
50 % Say kids play outside
48 % Say neighbors are friendly
45 % Say people would walk alone at night
44 % Say there's wildlife
42 % Say they plan to stay for at least 5 years
34 % Say it's quiet
31 % Say there are community events
15 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated August 2026
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM
Home Value
Trulia Estimate
$2.31MSince last month
Decreased$23K (-1%)Since last year
Decreased$100K (-4.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.31M |
| August 2026 | $2.3M |
| July 2026 | $2.33M |
| June 2026 | $2.35M |
| May 2026 | $2.41M |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $2,280,000 | 10/06/25 | 15 | 12 | 7,166 | |
0.23 | Multi-Family Home | $2,705,000 | 09/01/26 | 13 | 13 | 7,836 | |
0.14 | Multi-Family Home | $2,300,000 | 08/27/26 | 19 | 16 | 8,818 | |
0.22 | Multi-Family Home | $2,140,000 | 11/13/25 | 12 | 12 | 6,402 | |
0.19 | Multi-Family Home | $2,020,000 | 04/29/26 | 14 | 10 | 6,922 | |
0.13 | Multi-Family Home | $1,890,000 | 05/13/26 | 14 | 9 | 6,395 | |
0.27 | Multi-Family Home | $1,760,000 | 07/02/26 | 4 | 8 | 5,498 | |
0.37 | Multi-Family Home | $2,590,000 | 10/03/25 | 14 | 10 | 8,945 | |
0.46 | Multi-Family Home | $2,700,000 | 05/14/26 | 16 | 14 | 7,780 | |
0.17 | Multi-Family Home | $1,330,000 | 07/27/26 | 11 | 6 | 4,860 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $2,272,300 | 15 | 12 | 7,166 | Off Market | |
0.05 | $550,000 | 3 | 1 | 1,406 | Recently Sold | |
0.05 | $1,199,000 | 8 | 4 | 3,042 | For Sale | |
0.09 | $945,000 | 4 | 2 | 2,078 | Recently Sold | |
0.07 | $2,530,000 | 17 | 11 | 8,348 | For Sale | |
0.13 | - | 10 | 6 | 4,584 | Off Market | |
0.13 | $416,100 | 1 | 2 | 731 | Off Market | |
0.13 | $398,600 | 1 | 1.5 | 731 | Off Market | |
0.13 | $385,000 | 2 | 2 | 869 | For Sale | |
0.13 | $406,800 | 1 | 2 | 731 | Off Market | |
0.13 | $407,700 | 2 | 2 | 869 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 14, 2026 Source: CLAW #26825645 | PriceChange | $2,349,000 Price decreased by 2% |
Aug 17, 2026 Source: CLAW #26825645 | PriceChange | $2,399,000 Price increased by 180,276% |
Aug 13, 2026 Source: Zillow Rentals | ListingRemoved | $1,330 |
Aug 3, 2026 Source: CLAW #26825645 | PriceChange | $2,419,000 Price decreased by 0% |
Jul 20, 2026 Source: CLAW #26825645 | PriceChange | $2,429,000 Price increased by 182,532% |
Jul 18, 2026 Source: Zillow Rentals | PriceChange | $1,330 Price decreased by 100% |
Jul 6, 2026 Source: CLAW #26825645 | PriceChange | $2,439,000 Price decreased by 0% |
Jun 23, 2026 Source: CLAW #26825645 | PriceChange | $2,450,000 Price increased by 163,780% |
Jun 12, 2026 Source: Zillow Rentals | Listed For Rent | $1,495 |
Jun 4, 2026 Source: CLAW #26825645 | PriceChange | $2,479,000 Price decreased by 1% |
May 18, 2026 Source: CLAW #26825645 | Listed For Sale | $2,499,000 |
Jul 24, 2024 Source: CLAW #24-385989 | ListingRemoved | $2,749,000 |
Jun 25, 2024 Source: CLAW #24-385989 | PriceChange | $2,749,000 Price decreased by 2% |
May 29, 2024 Source: CLAW #24-385989 | PriceChange | $2,795,000 Price decreased by 3% |
May 7, 2024 Source: CLAW #24-385989 | Listed For Sale | $2,895,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jonathan Swire, The Agency, (424) 230-3700
Agent Phone: (310) 948-2631
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-09-14 14:13:26 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 1217 Cedar Ave
- What is the estimated monthly payment for 1217 Cedar Ave?Based on a $2,349,000 list price with 20% down at today's rates, the estimated monthly payment for 1217 Cedar Ave in Long Beach, CA is approximately $15,032 (about $12,647 principal & interest, $2,310 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1217 Cedar Ave compare to homes in Long Beach?1217 Cedar Ave in Long Beach, CA is listed at $2,349,000, about 186% above the $820K median sale price in Long Beach.
- What do residents say about the Willmore City neighborhood?Residents describe the Willmore City neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Willmore City, Long Beach.
- What are the closest schools to 1217 Cedar Ave?The closest schools to 1217 Cedar Ave in Long Beach, CA are Cabrillo High School (rated 3/10), International Elementary School (rated 5/10), Washington Middle School (rated 4/10).
1217 Cedar Ave, Long Beach, CA 90813 is a 6 bedroom, 14 bathroom, 8,086 sqft multi-family built in 1929. 1217 Cedar Ave is located in Willmore City, Long Beach. This property is currently available for sale and was listed by CLAW on May 18, 2026. The MLS # for this home is MLS# 26825645.