About 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.
Features of 1924 Cedar Avenue
| MLS® # | PW25191546 |
|---|---|
| Price | $2,075,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Acres | 0.19 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 1924 Cedar Avenue |
|---|---|
| Area | LONG BEACH (90806) |
| Subdivision | South Wrigley |
| City | Long Beach |
| County | Los Angeles |
| State | CA |
| Zip Code | 90806 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 2 Story |
Additional Information
| Date Listed | August 25th, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Sage Real Estate Group, Inc. |
|---|