1924 Cedar Avenue, Long Beach, CA 90806

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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:150 day(s) ago
  • Updated:January 23, 2026 at 11:38 AM

Rooms and interior

  • Living area:5,112 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

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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