1495 Cedar Ave, Long Beach, CA 90813
OFF MARKET
Listed by Anthony Walker, Buckingham Investments, Inc, (310) 982-7055 . Bought with Buckingham Investments, Inc

$2,215,000

Trulia Estimate
  • 2 Beds
  • 14 Baths
  • 5,276 sqft

1495 Cedar Ave, Long Beach, CA 90813

Washington School
Est. Refi. Payment $13,558/mo*
Refinance Your Home
Currently Off Market - Sold Aug 29, 2025 for $2,225,000

Home Value

Trulia Estimate
$2.21M
Since last month
Decreased$1K (-0.1%)
Since last year
Decreased$10K (-0.4%)
Since last sale
Decreased$10K (-0.4%)
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 decreased by -16% in the last 10 years
MonthEstimated value
2026
August 2026$2.22M
July 2026$2.22M
June 2026$2.23M
May 2026$2.23M
March 2026$2.21M
February 2026$2.21M
January 2026$2.19M
2025
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
0.07
Multi-Family Home
$2,140,000
11/13/25
12
12
6,402
0.09
Multi-Family Home
$2,020,000
04/29/26
14
10
6,922
0.53
Multi-Family Home
$1,575,000
02/24/26
2
9
4,051
0.26
Multi-Family Home
$2,280,000
10/06/25
15
12
7,166
0.24
Multi-Family Home
$2,700,000
05/14/26
16
14
7,780
0.20
Multi-Family Home
$1,900,000
12/19/25
11
10
6,423
0.08
Multi-Family Home
$1,105,000
01/22/26
7
6
4,464
0.48
Multi-Family Home
$1,760,000
07/02/26
4
8
5,498
0.07
Multi-Family Home
$1,195,000
12/12/25
10
8
4,276
0.34
Multi-Family Home
$1,960,000
12/17/25
19
9
7,176

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
0.08
$1,105,000
7
6
4,464
Recently Sold
0.07
$2,045,000
Studio
-
6,222
For Sale
0.09
$1,000,600
5
2
2,132
Off Market
0.07
$1,195,000
10
8
4,276
Recently Sold
0.07
$2,140,000
12
12
6,402
Recently Sold
0.10
$1,717,900
13
11
7,220
Off Market
0.12
$815,000
3
2
1,213
Off Market
0.11
$1,536,500
8
6
2,750
Off Market
0.09
$2,020,000
14
10
6,922
Recently Sold
0.09
$979,600
14
8
2,894
Off Market
0.14
$1,094,500
7
4
3,180
Off Market

Local Information

  • Map ViewExplore the area around 1495 Cedar Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1923
Living Area
5,276 sqft
Price/Sqft
$420
Parking
Garage
HOA
None

About this House

Just reduced! Super high yield 14-unit apartment opportunity at a 7% cap rate and 9.2X GRM on actual rents. At only $160k/door this property qualifies for 75% LTV purchase financing ($562K down) and will deliver an 11% cash on cash return at a 7.5% cap rate after only one rent increase. 12 studios and two 1BD/1BA units in 5,276 rentable square feet on a 7,419 square foot lot. Significant renovations and capital improvements done including new separately metered complete electrical system, foundation earthquake retrofit, and most interiors are remodeled. Community laundry room plus 5 garages for additional income or ADU potential.

Convenient location in the Washington neighborhood directly across the street from Washington Middle School, currently undergoing a massive $176 million reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 billion. Over 60% of households within 5 miles are renters with an average household income of over $94,000 (CoStar). Walk Score 86/100.
1495 Cedar Ave, Long Beach, CA 90813 is a 2 bedroom, 14 bathroom, 5,276 sqft multi-family in Washington School, built in 1923. It last sold for $2,225,000 on Aug 29, 2025 (1% below the $2,250,000 asking price). More recently, it was listed as a rental in January 2020 with an asking price of $1,199 per month. That rental listing was removed on March 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,215,000, with a rent estimate of $2,933/month.

Home Details for 1495 Cedar Ave

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 14
Appliances & Utilities
Appliances: Gas Oven, Gas RangeLaundry: Common Area
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard, 220 Volts
Windows, Doors, Floors & Walls
Flooring: LaminateCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: FrontAccessibility: NoneFloors: Laminate
View
No ViewView: None
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: FlatFencing: Chain LinkFoundation: RaisedNo Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageNo Attached GarageParking Spaces: 5Parking: Door-Single,Garage,Garage Faces Rear
Pool
Pool: None
Frontage
Road Frontage: Alley, City StreetRoad Surface Type: Alley PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 53

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Mediterranean
Building
Construction Materials: StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 7269041008

Price & Status

Price
List Price: $2,250,000
Status Change & Dates
Off Market Date: Fri Jun 27 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Long BeachCommunity: Washington

Building

Building Area
Building Area: 5276 Square Feet

Community

Community Features: UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7419 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SB25099702Living Area Range Units: Square FeetAttribution Contact: 310-561-4776Common Interest: NoneUniversal Property Id: US-06037-N-7269041008-R-N

Additional Information

Urban

Price and Tax history

DateEventPrice
Aug 29, 2025
Source: CRMLS #SB25099702
Sold
$2,225,000
Aug 26, 2025
Source: CRMLS #SB25099702
Pending
$2,250,000
Jul 3, 2025
Source: CRMLS #SB25099702
Contingent
$2,250,000
Jun 20, 2025
Source: CRMLS #SB25099702
PriceChange
$2,250,000
Price decreased by 5%
May 5, 2025
Source: CRMLS #SB25099702
Listed For Sale
$2,375,000

Market trends in Long Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$12.5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17
MoM
Available listings
797
3
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Washington School

At least 1 Trulia users voted on each feature.
  • 100 % Say neighbors are friendly

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 100 % Say there are sidewalks

  • 100 % Say it's dog friendly

  • 67 % Say streets are well-lit

  • 67 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 50 % Say car is needed

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great Cleaner uppers! Lots of changes in 50 years. We definatley need to Address the parking thing. "
  • Trulia User
    "We Have Alot of families, Children, & Pets in Our Washington Neighborhood. It Includes About 6, Really Great Picker- uppers here. Also added the occasional tree chained trashcan! I, Would like to see a BLOCK party on Locust! Carnival Style, for the kids. Games, Prizes, Hotdogs, tacos, ect. Would a Before Halloween event, on a block or 2 be permitted? Early Trick or Treat, and carnival games? LOVE IT! "
  • Trulia User
    "large community areas with public parks available at convenience. very nice, quite and warm home feeling. secured and well patrolled"
  • Crystal M.
    "People do not even stop at stop signs when driving. Ppl do not pick up after their dog nor have them on a leash"
  • Miyamoto M.
    "owners do not leach their dogs and sometimes they jump at you besides that they donโ€™t pick up the dog poop and you have a tendency for stepping on it from time to time"

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-29 21:32:00 PDT and /or other sources. 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

Frequently asked questions about 1495 Cedar Ave

  • What is 1495 Cedar Ave estimated to be worth?
    Trulia's estimated value for 1495 Cedar Ave in Long Beach, CA is $2,215,000.
  • What is the price history for 1495 Cedar Ave?
    1495 Cedar Ave in Long Beach, CA last sold for $2,225,000 in August 2025.
  • Is Long Beach a buyer's or seller's market?
    Long Beach is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Long Beach?
    The median sale price in Long Beach is $818K. That is up $12.5K from the prior month.
  • Does 1495 Cedar Ave have laundry facilities?
    Yes, 1495 Cedar Ave in Long Beach, CA has laundry facilities.

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