1924 Cedar Avenue, Long Beach Property Listing: MLS® #PW25191546

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.

1924 Cedar Avenue, Long Beach Property Listing: MLS® #PW25191546 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25191546
  • 1924 Cedar Avenue
  • Long Beach, CA 90806
  • $2,075,000
  • 7 Beds, 4 Bath, 0.19 Acres
  • Office: Sage Real Estate Group, Inc.

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.

Supplemental Remarks

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Essential Information

  • MLS® #PW25191546
  • Listing Price$2,075,000
  • Date ListedAugust 25th, 2025
  • Days on Market1
  • Bedrooms7
  • Bathrooms4.00
  • Acres0.19
  • Lot Sq.Ft.8,146
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$1,541
  • Total Monthly Dues$128

Community Information

  • Address1924 Cedar Avenue
  • AreaLONG BEACH (90806)
  • SubdivisionSouth Wrigley
  • CityLong Beach
  • CountyLos Angeles
  • StateCA
  • Zip Code90806

Amenities

  • PoolN/K

Interior

  • CoolingN/K
  • FireplaceYes
  • Stories2 Story
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Listing information last updated on September 2nd, 2025 at 12:09am PDT.