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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.
| DAYS ON MARKET | 55 | LAST UPDATED | 2/5/2026 |
|---|---|---|---|
| TRACT | Wrigley Area (WR) | YEAR BUILT | 1956 |
| COMMUNITY | 5 - Wrigley Area | GARAGE SPACES | 6.0 |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | 5 - Wrigley Area |
|---|---|
| GARAGE | Yes |
| LOT | 6373 sq ft |
| LOT DIMENSIONS | 6375 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Wrigley Area (WR) |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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