728 Cedar, Long Beach, California 90813, Long Beach, 90813 - 1 bed, 1 bath
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Long Beach, California 90813
This one-bedroom condo presents a Strong Value Opportunity, listed at $315,000—positioned well above the $290,039 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it offers a prime downtown location with low carrying costs, including a $245.45 HOA fee. The unit features original hardwood flooring and new appliances, providing a functional foundation for value-add improvements. This listing is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Long Beach market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 728 Cedar Subject | $315,000* List Price | 1 | 1 | 575 | $504 | - |
A 734 Linden 3 Sold | $315,000 | 1 | 1 | 613 | $514 | 0.5 mi |
B 901 Linden Avenue 8 Sold | $310,000 | 1 | 1 | 596 | $520 | 0.5 mi |
C 800 Pacific Avenue 300 Sold | $294,500 | 1 | 1 | 688 | $428 | 0.1 mi |
D 1450 Locust Avenue 425 Sold | $280,000 | 1 | 1 | 471 | $594 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the property is significantly dated with original-style kitchen cabinetry and tile work exceeding 30 years in age. While 'fresh paint' and new appliances provide a cosmetic lift, the core systems like the wall heater and layout remain aged, placing it in the category of needing modernization despite being functional.
Ideally situated minutes from the beach, Shoreline Village, and the Blue Line, offering residents exceptional walkability and convenient access to major freeways and airports.
The property features a highly competitive monthly HOA fee of $245.45, which includes essential utilities like water, trash, and sewer, making it an affordable option for first-time buyers.
The unit is move-in ready with fresh paint, brand-new appliances, and well-maintained original hardwood flooring that preserves the home's mid-century charm.
With only 575 square feet of interior space, the unit may feel restrictive for buyers requiring additional storage or room for larger furniture.
The property lacks a cooling system and offers no scenic views, which may be a disadvantage compared to newer developments in the competitive Long Beach market.
I am pleased to introduce you to the property at 728 Cedar Ave #10. This charming one-bedroom condo is currently the only available unit within this gated community. The residence is ideally located minutes from the beach, local dining, and shopping centers. Its proximity to the Blue Line, Shoreline Village, and major freeways provides efficient access to LAX, Long Beach Airport, and Orange County. The interior features original hardwood flooring, fresh paint, and new appliances, including a stove and refrigerator. The monthly HOA fee of $245.45 covers water, trash, and sewer services. Please let me know if you have any questions or if you would like to schedule a viewing. I look forward to your response.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 575 | 926 |
| Lot Size | 15,036 | 30,781 |
| Price | $315.0K | $514.8K |
| Price per sq ft | $548 | $568 |
| Built year | 1956 | 1979 |
| HOA | $245.45 | $475 |
| Days on market | 25 | 76 |
Jun 27, 2026
$315,000
Initial Listing