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1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
1924 Cedar Avenue, Long Beach CA 90806
California>Long Beach>South Wrigley

1924 Cedar AvenueLong Beach, CA 90806

For Sale

$2,075,000

Smart Buyer Rebate $20,750

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.

Listed by Cody Charnell

·

License #01950585

·

Sage Real Estate Group, Inc.

·

562-896-3851

Last updated August 25, 2025

·

Source: CRMLS #PW25191546

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Wrigley
  • Days on Prevu157

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$2,075,000
10/21/2025
Status changed to Removed from Feed
$2,075,000
10/18/2025
Status changed to Active
$2,075,000
10/17/2025
Status changed to Removed from Feed
$2,075,000
10/05/2025
Status changed to Active
$2,075,000
10/03/2025
Status changed to Removed from Feed
$2,075,000
09/21/2025
Status changed to Active
$2,075,000
09/20/2025
Status changed to Removed from Feed
$2,075,000
09/18/2025
Status changed to Active
$2,075,000
09/17/2025
Status changed to Removed from Feed
$2,075,000
09/12/2025
Status changed to Active
$2,075,000
09/09/2025
Status changed to Removed from Feed
$2,075,000
09/08/2025
Status changed to Active
$2,075,000
09/06/2025
Status changed to Removed from Feed
$2,075,000
09/05/2025
Status changed to Active
$2,075,000
09/04/2025
Status changed to Removed from Feed
$2,075,000
08/25/2025
Listed by Sage Real Estate Group, Inc.
$2,075,000

Property Details for 1924 Cedar Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1932
  • Architectural Style: Spanish
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 5,112
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.18
  • Lot Size Area: 8,145
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,145
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.5
  • Gross Income: $183,012.00
  • Operating Expense: $60,234.00

Taxes

  • Parcel Number: 7209023019

Other

Location

  • Subdivision Name: Wrigley Area (WR)
  • Tax Block: 4
  • Tax Lot: 17

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Parking Total: 8

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1924 Cedar Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1924 Cedar Avenue.

How does 1924 Cedar Avenue compare to other multi-family homes in South Wrigley?

This multi-family home is listed 17% above the average price for multi-family homes in South Wrigley and has been on the market for 99 more days than the typical home in this area.

1924 Cedar Avenue is a -bedroom multi-family home for sale in Long Beach CA 90806. Available on Prevu for 157 days at $2,075,000. This property is located in South Wrigley. The median listing price for multi-family homes in this area is $1,037,500. The home offers parking. Explore more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.