Sold for $1,600,000

Listing Provided by: Skyline Commercial Real Estate

Bought with: Skyline Commercial Real Estate

$1,600,000

2015 Cedar Ave, Long Beach, CA 90806

11beds

11baths

7,226sqft

Mixed Use

Built in 1956

-- sqft lot

$1,605,900 Zestimate^®

$221/sqft

$2,457 Estimated rent

Home value

$1,605,900

$1.46M - $1.77M

$2,457/mo

Zestimate^® history

Owner options

List your home for rent

$2,457/mo

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$2,457/mo

Rent Zestimate^®

Refinance and save

$10,217/mo

Est. payment

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$10,217/mo

Est. payment

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What's special

On-site laundry roomSix garages

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 11

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 sqft
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 & neighborhood

Community

Community features: Street Lights, Sidewalks

Location

Region: Long Beach
Subdivision: Wrigley Area (Wr)

Other

Other facts

Listing terms: Cash,Cash to New Loan

Price history

Date	Event	Price
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