1990 Cedar Avenue

Long Beach, CA 90806

  • 4 Bed(s)
  • 4 Bath(s)
  • 2,516 Sqft
  • 3169
    Sqft(Lot)
$1,070,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50152503

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat,Tile
    • Interior Features: Bedroom on Main Level
    • Property Appliances: Gas Range,Water Heater
    • Fireplace: None
    • Flooring: Carpet,Laminate,Tile

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1930
    • Building Area Total: 2,516
    • Construction: Stucco
    • Roof: Flat,Tile

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • Wood,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0728
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3169

  • Listing Price Information

    • Original List Price: 1,070,000
    • Listing Contract Date: 2025-06-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7209023001

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 5 - Wrigley Area
    • Postal Code Plus 4: 5387
    • Directions: E of Magnolia Ave, W of Pacific Ave, 2 blocks N of PCH
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 5 - Wrigley Area
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 95
    • Common Walls: 1 Common Wall
    • Property Condition: Repairs Cosmetic
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Street Level
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/21/2025 @ 04:07

  • MLS: SB25126683
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 2,516 sqft, 3,169 sized lot, and 4 parking. are nearby neighborhoods.