1924 Cedar Avenue, Long Beach, CA 90806

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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:98 day(s) ago
  • Updated:December 02, 2025 at 02:46 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
Based on information from California Regional Multiple Listing Service, Inc. as of December 2, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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