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Closed
- Listed price
- $2,200,000
- Listed Sep 17, 2019
- Sold price
- $2,000,000
- Sold Nov 12, 2019
6,503 sqft lot|1986 Built|22 MLS days on market
2382 Cedar Ave, Long Beach, CA 90806
Property Description
We are pleased to present an eight-unit multifamily property located in an excellent rental market of Long Beach, California. Built in 1986, the property has approximately 7,512 rentable square feet on a 6,501 square foot lot. The subject property has a great unit mix of all two-bedroom / two-bathroom units. Owners enjoy the high demand for rentals in a coastal city. This a rare opportunity to acquire a quality asset in an outstanding rental market and would make a great addition to any investors portfolio. The city of Long Beach continues to progress forwards and is currently experiencing major redevelopment of $3.5 billion. An example of this large-scale redevelopment is the Long Beach Civic Center, which is completed late 2019. The Civic Center will include a new city hall and the Port of Long Beach headquarters, as well as multi-family residential units. Long Beach sustains its ability to attract renters due to its strong economy and high quality of life.
Listing agent: Kevin KingDRE #01158184kking@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/29/2026, 11:23:36 AM PT
Source: CRMLSMLS #: PW19222261
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,000,000
Nov 12, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90806 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90806 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.