$1,100,000
 $5,905 est/mo Sourced by Back At You

2441 Cedar Avenue,Long Beach, CA 90806

Long Beach, CA 90806

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Description

Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.

Details

MLS #SB26171308
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1940
Days On Site30
Listing Provided ByEstate Properties | Charles Fisher

Features

SQ Feet2,945
Garage8
Story(s)1
Units4
Building(s)2
Acreage0.15

Interior

HeatingNatural Gas, Wall Furnace
Heating Yes / NoYes

Exterior

Lot FeaturesLandscaped

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,100,000
low | high
Med:
$1,382,500
24.318181818182% of Average
sqft:
2,945
low | high
Med:
4,503
2.903225806452% of Average
$ / sqft:
$374
low | high
Med:
$313
66.153081619078% of Average
On site:
30
low | high
Med:
62.5
48% of Average
Sourced by Back At You

Market Activity 90806

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Learn More About This Property

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,100,000
low | high
Med:
$1,382,500
24.318181818182% of Average
sqft:
2,945
low | high
Med:
4,503
2.903225806452% of Average
$ / sqft:
$374
low | high
Med:
$313
66.153081619078% of Average
On site:
30
low | high
Med:
62.5
48% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $825K - $1.375M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
2472 Chestnut Avenue Property Photo 1
$1,150,000
2472 Chestnut Avenue
Long Beach, CA 90806
Listing Updated: August 28, 2026 at 2:41:21 PM PDT