For sale

Listed by: Skyline Commercial Real Estate • Ryan Pratt • Contact: 714-767-7039

$2,045,000

2015 Cedar Ave, Long Beach, CA 90806

--beds

--baths

7,226sqft

$13,614/mo

Get pre-qualified

Mixed Use

Built in 1956

-- sqft lot

$1,993,900 Zestimate^®

$283/sqft

$-- HOA

What's special

Updated roofUnit interior renovationsOn-site laundry roomSix garages

Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the South 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. Recent improvements include an updated roof, electrical system, and unit interior renovations allowing for an investor to acquire a low maintenance building in a strong rental location. With rents slightly below market, this asset provides immediate cash-flow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.

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Facts & features

Interior

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 7,226
Total interior livable area: 7,226 sqft

Property

Parking

Total spaces: 6
Parking features: Garage
Garage spaces: 6

Features

Entry location: 1
Pool features: None

Lot

Size: 6,375 Square Feet
Features: 6-10 Units/Acre

Details

Parcel number: 7209025023
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Street Lights, Sidewalks
Subdivision: Wrigley Area (Wr)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $283/sqft
Date on market: 9/18/2026
Listing terms: Cash,Cash to New Loan,1031 Exchange

Estimated market value

$1,993,900

$1.89M - $2.09M

$1,860/mo

Price history

Date	Event	Price
9/18/2026	Listed for sale	$2,045,000+27.8%$283/sqft
Source: CRMLS #NP26204608 Report a problem
4/14/2026	Sold	$1,600,000-13.5%$221/sqft
Source: CRMLS #NP26018192 Report a problem
4/13/2026	Contingent	$1,850,000$256/sqft
Source: CRMLS #NP26018192 Report a problem
3/23/2026	Listed for sale	$1,850,000-7.5%$256/sqft
Source: CRMLS #NP26018192 Report a problem
2/6/2026	Contingent	$2,000,000$277/sqft
Source: CRMLS #NP26018192 Report a problem
1/26/2026	Listed for sale	$2,000,000$277/sqft
Source: CRMLS #NP26018192 Report a problem