1924 Cedar, Long Beach CA 90806 | $2,075,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8145 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1932
  • MLS#: PW25191546
  • Community: 5 - Wrigley Area

Listing provided courtesy of Cody Charnell of Sage Real Estate Group, Inc.. Last updated 2025-11-10 09:11:39.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.19 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985