1924 Cedar AV
Long Beach, CA, 90806
$2,075,000
Beds
0 Baths
0 SqFt
0.19 Acres
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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.

Property Details

Price:
$2,075,000
MLS #:
PW25191546
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Aug 25, 2025
Total Sq Ft:
5,112
Lot Size:
8,145 sqft / 0.19 acres (approx)
Year Built:
1932
5 – Wrigley Area5wrigleyareaWrigley Area WrNone

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Schools

Interior

Cooling
NO
Heating
WL
Laundry Features
AR

Exterior

Architectural Style
SPN
Community Features
URB
Parking Spots
8

Financial

Gross Operating Income
$173,861
Net Operating Income
$113,628

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Dec 11, 2025
427
Single Family Listed
50
Avg DOM
470
Avg $ / SqFt
$1,050,184
Avg List Price

Property Summary

    Located in the Wrigley Area (WR) subdivision, 1924 Cedar AV Long Beach CA is a Single Family for sale in Long Beach, CA, 90806. It is listed for $2,075,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1932. The average price per square foot for Single Family listings in Long Beach is $470. The average listing price for Single Family in Long Beach is $1,050,184.

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