1924 Cedar Avenue, Long Beach, CA 90806
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1924 Cedar Avenue,Long Beach, CA 90806
$2,075,000
- - Beds
- - Baths
- 5,112 sq. ft.
- Multi-family
- Active
Listed by:cody charnell
Office:sage real estate group, inc.
MLS#:PW25191546
Source:CRMLS
Price summary
- Price:$2,075,000
- Price per sq. ft.:$405.91
About this home
Spanish-style 8-unit apartment building located in the South Wrigley neighborhood of Long Beach. The property recently received a full exterior refresh and the interiors have been renovated at different times over the past five years. The building is in good condition with strong in-place rents, offering stable income and future upside.
The property includes 8 garages at the rear that are currently unused and offer a new owner several opportunities to add value. A new owner could: Lease the garages for extra parking income, Convert the garages into ADUs, or take advantage of SB 1211, which may allow up to 8 new ADUs on the site (buyer to verify). If developed, 8 new studio ADUs rented at $1,500/month could add $144,000 in gross annual income. This property offers classic curb appeal, updated interiors, steady cash flow, and multiple opportunities to increase revenue.
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Home facts
- Year built:1932
- Listing ID #:PW25191546
- Added:4 day(s) ago
- Updated:August 30, 2025 at 01:27 PM
Rooms and interior
- Living area:5,112 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1932
- Building area:5,112 sq. ft.
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,075,000
- Price per sq. ft.:$405.91
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