2015 Cedar Ave Long Beach, CA ^$ 2,000,000

2015 Cedar Ave

^$ 2,000,000

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Recently Listed

2015 Cedar Ave

Long Beach, CA, 90806

^$ 2,000,000

Studio Baths1.0 Sq 7,226

Monthly Estimate*

^$ 12,314

Listed by Skyline Commercial Real Estate

2015 Cedar Ave, Long Beach, CA 90806 - Image 1

2015 Cedar Ave, Long Beach, CA 90806 - Image 2

2015 Cedar Ave, Long Beach, CA 90806 - Image 3

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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,000,000 with 1 full bath. This 7,226 square foot home was built in 1956 on a lot size of 0.1463.

Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the Wrigley neighborhood of Long Beach. The property consists of large one bedroom and two bedroom units along with six garages and an on-site laundry room that both appeals to tenants and provides additional income. With rents slightly below market, the asset provides stable cashflow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1463

Year Built

1956

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

NP26018192

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 6

Pool Features None

Year Built 1956

Property Subtype Mixed Use

Gross Income 182700

Community Features Street Lights Sidewalks

County Los Angeles

Net Operating Income 128599

Operating Expense 48620

Insurance Expense 0

New Construction false

Property Type Residential Income

Subdivision Name Wrigley Area (WR)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Cedar Ave and 20th St

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 10

MLS Area 5 - Wrigley Area

Lot Size Units Square Feet

Lot Size Square Feet 6375

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 22

Property Sub Type Additional Mixed Use

Cap Rate 6.43

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 6

Lot Size Area 6375

Number of Buildings 1

Building Area Total 7226

Lot Size Acres 0.1463

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

* Excluded Features

List By

Skyline Commercial Real Estate

Broker

ryan@skylinecommercialadvisors.com

Affordability Calculator

$12,314

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,851,478

Percent of Sale Price 7%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/26/2026	$2,000,000		Listed Price

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2015 Cedar Ave, Long Beach, CA, 90806 is a Multi-Family Home for sale at $2,000,000 with 7,226 sqft and a lot size of 0.1463. 2015 Cedar Ave is a studio with 1.0 baths and was built in 1956. The property's zip code is 90806 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/30/2026. 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.

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2015 Cedar Ave

Multi-Family Home for sale in Long Beach, CA

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