1924 Cedar Avenue Long Beach, CA ^$ 2,075,000

1924 Cedar Avenue

^$ 2,075,000

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1924 Cedar Avenue

Long Beach, CA, 90806

^$ 2,075,000

Studio Baths1.0 Sq 5,112

Monthly Estimate*

^$ 12,776

Listed by Sage Real Estate Group, Inc.

1924 Cedar Avenue, Long Beach, CA 90806 - Image 1

1924 Cedar Avenue, Long Beach, CA 90806 - Image 2

1924 Cedar Avenue, Long Beach, CA 90806 - Image 3

1924 Cedar Avenue, Long Beach, CA 90806 - Image 4

1924 Cedar Avenue, Long Beach, CA 90806 - Image 5

1924 Cedar Avenue, Long Beach, CA 90806 - Image 6

1924 Cedar Avenue, Long Beach, CA 90806 - Image 7

1924 Cedar Avenue, Long Beach, CA 90806 - Image 8

1924 Cedar Avenue, Long Beach, CA 90806 - Image 9

1924 Cedar Avenue, Long Beach, CA 90806 - Image 10

1924 Cedar Avenue, Long Beach, CA 90806 - Image 11

1924 Cedar Avenue, Long Beach, CA 90806 - Image 12

1924 Cedar Avenue, Long Beach, CA 90806 - Image 13

1924 Cedar Avenue, Long Beach, CA 90806 - Image 14

1924 Cedar Avenue, Long Beach, CA 90806 - Image 15

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1924 Cedar Avenue, Long Beach, CA 90806 - Image 17

1924 Cedar Avenue, Long Beach, CA 90806 - Image 18

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Studio

Single Family Home for sale in Long Beach, CA

for $2,075,000 with 1 full bath. This 5,112 square foot home was built in 1932 on a lot size of 0.187.

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.

Single Family Active

Price

^$ 2,075,000

Bedrooms

Studio

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.187

Year Built

1932

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW25191546

Days on Market

189

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling None

Zoning LBR2N

HOA Fee 0

Garage Spaces 8

Architectural Style Spanish

Pool Features None

Year Built 1932

View None

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 183012

Community Features Urban

County Los Angeles

Net Operating Income 113628

Operating Expense 60234

Insurance Expense 0

New Construction false

Property Type ResidentialIncome

HOA false

Subdivision Name Wrigley Area (WR)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions North of PCH between Pacific Ave and Magnolia Ave

City Long Beach

Entry Location Front

Senior Community Y/N false

Number Of Units Total 8

MLS Area 5 - Wrigley Area

Lot Size Units SquareFeet

Lot Size Square Feet 8145

Number of Units Leased 8

Listing Terms Cash CashToNewLoan

Spa Features None

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 true

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 17

Total Actual Rent 15251

Property Sub Type Additional Apartment

Taxes 25938

Cap Rate 5.5

Interior

Fireplace Features None

Total Stories 2

Common Walls TwoCommonWallsOrMore

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features CommonArea

Entry Level 1

Exterior

Lot Features SixToTenUnitsAcre

Water Source Public

Total Parking 8

Lot Size Area 8145

Number of Buildings 1

Spa false

Building Area Total 5112

Lot Size Acres 0.187

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Sage Real Estate Group, Inc.

Broker

cody@sageregroup.com

Affordability Calculator

$12,776

Per Month

Monthly Principal & Interest: $12,776
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Single family listings in Long Beach, CA

Average List Price ^$1,145,741

Percent of Sale Price 45%

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
1/27/2026	$2,075,000		Listed Price

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1924 Cedar Avenue, Long Beach, CA, 90806 is a Single Family Home for sale at $2,075,000 with 5,112 sqft and a lot size of 0.187. 1924 Cedar Avenue is a studio with 1.0 baths and was built in 1932. 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 3/1/2026. 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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1924 Cedar Avenue

Single Family Home for sale in Long Beach, CA

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