1990 Cedar Avenue, Long Beach, CA 90806
Local realty services provided by:ERA Donahoe Realty
1990 Cedar Avenue,Long Beach, CA 90806
$1,045,000
- - Beds
- - Baths
- 2,516 sq. ft.
- Multi-family
- Pending
Listed by: jeffrey isenberg
Office: buckingham investments, inc
MLS#:SB25126683
Source:CRMLS
Price summary
- Price:$1,045,000
- Price per sq. ft.:$415.34
About this home
Prime 4-Unit Investment Opportunity!
Unlock the exceptional potential of this well-positioned multifamily asset in the heart of the South Wrigley sub-market of Long Beach. Each of the spacious 1 bed, 1 bath units offers approx. 630 square feet of living space with functional layouts and the ability to add in-unit laundry for increased rental appeal and tenant retention. Recent Cap Ex includes new roofs on both structures, upgraded electrical panel, seismic retrofit bolting and rebuilt front & rear staircases. Investors and owner-users alike have the opportunity to capture a 13% upside in rents, in an area poised for continued appreciation. The property includes 2 large-tandem garages offering ADU development potential (buyer to verify).
• Close proximity to the 710, 405, & 91 freeways and public transportation options including the Metro Blue Line with direct access to downtown Long Beach & Los Angeles.
• Approximately 2 miles to the Long Beach Civic Center, Shoreline Village, and the waterfront district offering a wide range of dining, shopping, and entertainment options.
• Nearby access to recreational amenities like Cesar E. Chavez Park, the Wrigley Greenbelt, Lincoln Park and the L.A. River bike path.
South Wrigley is seeing a wave of transformation with ongoing infrastructure upgrades, new residential and mixed-use developments, and significant city investment in the surrounding area. Investors will benefit from being in the path of progress as Long Beach continues to revitalize and attract new residents and businesses alike.
Whether you're looking to expand your portfolio or capitalize on a high-potential asset in one of Long Beach’s most promising neighborhoods, 1990 Cedar Ave. is a must-see!
Contact an agent
Home facts
- Year built:1930
- Listing ID #:SB25126683
- Added:161 day(s) ago
- Updated:November 20, 2025 at 08:43 AM
Rooms and interior
- Living area:2,516 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Flat, Tile
- Year built:1930
- Building area:2,516 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,045,000
- Price per sq. ft.:$415.34
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