2441 Cedar Avenue Long Beach, CA $ 1,100,000
2441 Cedar Avenue
$ 1,100,000
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2441 Cedar Avenue

Long Beach, CA, 90806
$ 1,100,000
Bedrooms-- Baths1.0 Sq 2,945

Monthly Estimate*

$ 6,946

Listed by Charles Fisher, Estate Properties, Charles@FisherRealEstate.com
2441 Cedar Avenue, Long Beach, CA 90806 - Image 1
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Multi-Family Home for sale in Long Beach, CA

for $1,100,000 with 1 full bath. This 2,945 square foot home was built in 1940 on a lot size of 0.1522.

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.

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Multi-Family Contingent

Price

$ 1,100,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1522

Year Built

1940

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26171308

Days on Market

61

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Garage Spaces 8
Pool Features None
Year Built 1940
Property Subtype Quadruplex
Gross Income 80640
Community Features Curbs Street Lights Sidewalks
County Los Angeles
Net Operating Income 53201
Operating Expense 27439
Insurance Expense 3500
New Construction false
Property Type Residential Income
MaintenanceExpense 1200
Subdivision Name Wrigley Area (WR)
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Right on Cedar Cross Streets: Burnett
City Long Beach
Entry Location Front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5 - Wrigley Area
Lot Size Units Square Feet
Lot Size Square Feet 6630
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange FHA Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 600
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 13
Total Actual Rent 6720
Property Sub Type Additional Quadruplex
Taxes 14939
Cap Rate 4.83
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Interior
Total Stories 1
Common Walls 1 Common Wall No One Above No One Below
Heating Y/N true
Laundry Features Common Area Laundry Room
Entry Level 1
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Exterior
Lot Features Landscaped
Water Source Public
Total Parking 8
Lot Size Area 6630
Number of Buildings 2
Building Area Total 2945
Lot Size Acres 0.1522
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Charles Fisher

Listing Agent

Estate Properties

Broker

Charles@FisherRealEstate.com

Email

Affordability Calculator

$6,946
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2026$1,100,000 Listed Price

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2441 Cedar Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,100,000 with 2,945 sqft and a lot size of 0.1522. 2441 Cedar Avenue has 1.0 baths and was built in 1940. The property's zip code is 90806 which is in Long Beach, CA