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$1,105,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 1526 Cedar Ave

General

  • Sold For: $1,105,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB25233154
  • Added to Site: 147 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4

Location

  • Area: 5 - Wrigley Area
  • County: Los Angeles
  • Development Name: 5 - Wrigley Area
  • Driving Directions: Head northwest on I-405 N 121 ft Take exit 42B for Inglewood Avenue 0.3 mi Turn left onto Inglewood Ave 394 ft Turn right to merge onto I-405 S toward Long Beach 0.2 mi Merge onto I-405 S 10.4 mi Take exit 32B to merge onto I-710 S toward Long Beach

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,464
  • Year Built: 1926

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1776
  • Lot Size Source: Public Records
  • Lot Description: Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $247.54
  • Price Per Unit: 191667

Listed by Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi and Lyon Stahl Investment Real Estate, Inc., John Stiegler II
Sold by Vietnam USA Holding Corp, Liliane Tran

Listing agents

— 1526 Cedar Ave —

  • Stephen Takahashi

    Lyon Stahl Investment Real Estate, Inc.

  • John Stiegler II

    Lyon Stahl Investment Real Estate, Inc.

310-403-9145

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1526 Cedar Ave

School District:Long Beach Unified School District
NameGradesDistance
Lafayette Elementary School, Long Beach, CA
2445 Chestnut Avenue, Long Beach, CA 90806
K-51 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.1 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Avenue, Long Beach, CA 90810
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1526 Cedar Ave

Date
Details
Price
Change
Source
1/22/2026
Sold
$1,105,000
-3.91%
MLS
10/06/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi and Lyon Stahl Investment Real Estate, Inc., John Stiegler II
Sold by Vietnam USA Holding Corp, Liliane Tran

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1526 Cedar Avenue, Long Beach, CA 90813 (MLS# SB25233154) is a Multi-Family property that was sold at $1,105,000 on January 22, 2026. Want to learn more about 1526 Cedar Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.