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1924 Cedar Avenue, 
Long Beach, CA 90806

$2,075,000

—

Bed

—

Bath

5,112

Sq Ft

Multi-Family

Active

Listed by

Cody Charnell

Sage Real Estate Group, Inc.

562-400-7622

Last updated:

August 27, 2025, 01:23 PM

MLS#

PW25191546

Source:

CRMLS

About This Home

1924 Cedar Avenue

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.

Home Facts

Multi-Family

Built in 1932

Price Summary

2,075,000

$405 per Sq. Ft.

MLS #:

PW25191546

Last Updated:

August 27, 2025, 01:23 PM

Added:

3 day(s) ago

Rooms & Interior

Interior

Living Area:

5,112 Sq. Ft.

Structure

Structure

Architectural Style:

Spanish

Building Area:

5,112 Sq. Ft.

Year Built:

1932

Lot

Lot Size (Sq. Ft):

8,145

Finances & Disclosures

Finances

Price:

$2,075,000

Price per Sq. Ft:

$405 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of August 28, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.