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$2,650,000 Just Listed
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Property Description
Completely refurbished units with newer carpeting, and tile flooring, granite kitchen countertops. The complex is gated. plus, it is near the downtown area, the World Trade Center and courthouse The Gross multiplier is based on existing rent of the vacant unit at $1950. Property has its Balcony report.
Full Property Details
Full Property Details for 1040 Cedar
General
- Price: $2,650,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26064905
- Updated: 4/2/2026
- Days on Market: 3 days
- Added to Site: 4 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: Ocean to Cedar (east)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Electric Meters: 10
Structural Information
- Entry Location: front
- Square Feet: 8,818
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 9
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 10
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1719
- Lot Size (Sq. Ft.): 7,487
- Lot Size Source: Assessor
- Lot Description: 11-15 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $300.52
- Price Per Unit: 265000
Listed by J & P Realty, Jack Bliss
Get Pre-Approved Today
Schools
Schools serving 1040 Cedar
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
International Elementary School 700 Locust Ave., Long Beach, CA 90813 | K-5 | 0.4 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.4 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 Cedar
Date
Details
Price
Change
Source
4/02/2026
Listed
$2,650,000
646.48%
MLS
5/02/2000
Sold
$355,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1040 Cedar
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,798
2%
$1,126,906
4%
2023
$15,519
6%
$1,084,969
2%
2022
$14,605
2%
$1,063,732
2%
2021
$14,257
—
$1,042,911
1%
2020
$14,217
1%
$1,032,237
2%
2019
$14,053
3%
$1,010,214
2%
2018
$13,620
1%
$990,407
2%
2017
$13,476
8%
$970,988
2%
2016
$12,501
4%
$951,950
2%
2015
$12,024
—
$937,652
-2%
2014
$11,985
3%
$959,631
5%
2013
$11,632
—
$915,133
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 Cedar
1040 Cedar, Long Beach, CA 90813 (MLS# SB26064905) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1040 Cedar is currently listed for $2,650,000 and was received on April 02, 2026. Want to learn more about 1040 Cedar? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

