Under contract

Listed by: Estate Properties • Charles Fisher • Contact: 310-902-7214

$1,100,000

2441 Cedar Ave, Long Beach, CA 90806

5beds

4baths

2,945sqft

$7,611/mo

Get pre-qualified

Quadruplex

Built in 1940

-- sqft lot

$1,091,900 Zestimate^®

$374/sqft

$-- HOA

What's special

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.

56 days
37
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Natural Gas, Wall Furnace

Appliances

Laundry: Common Area, Laundry Room

Features

Common walls with other units/homes: 1 Common Wall,No One Above,No One Below

Interior area

Total structure area: 2,945
Total interior livable area: 2,945 sqft

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 8

Features

Entry location: Front
Pool features: None

Lot

Size: 6,630 Square Feet
Features: Landscaped

Details

Parcel number: 7205010015
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

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

Location

Region: Long Beach

Financial & listing details

Price per square foot: $374/sqft
Tax assessed value: $541,531
Date on market: 8/7/2026
Cumulative days on market: 57 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit
Total actual rent: 6720

Estimated market value

$1,091,900

$1.04M - $1.15M

$2,596/mo

Price history

Date	Event	Price
8/28/2026	Contingent	$1,100,000$374/sqft
Source: CRMLS #SB26171308 Report a problem
8/7/2026	Listed for sale	$1,100,000+165.7%$374/sqft
Source: CRMLS #SB26171308 Report a problem
3/10/2025	Listing removed	$1,495$1/sqft
Source: Zillow Rentals Report a problem
2/28/2025	Listed for rent	$1,495$1/sqft
Source: Zillow Rentals Report a problem
3/21/2013	Sold	$414,000-9.8%$141/sqft
Source: Agent Provided Report a problem
3/20/2013	Listed for sale	$459,000+10.6%$156/sqft
Source: Meadowbrook Realty #P793959 Report a problem
1/23/2012	Sold	$415,000-9.6%$141/sqft
Source: Public Record Report a problem
8/25/2011	Listed for sale	$459,000+171.6%$156/sqft
Source: Meadowbrook Realty #P793959 Report a problem
9/11/1997	Sold	$169,000$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$541,531 +2%
2025	$7,717 +4.7%	$530,930 +2%
2024	$7,369 +1.8%	$520,526 +2%
2023	$7,242 +6.2%	$510,326 +2%
2022	$6,817 +2.3%	$500,326 +2%
2021	$6,666 +0.3%	$490,523 +1%
2020	$6,648	$485,497 +2%
2019	$6,648 +5.6%	$475,984 +2%
2018	$6,295	$466,658 +2.1%
2017	$6,295 +1.1%	$457,234 +2%
2016	$6,229 +7.6%	$448,269 +3.4%
2015	$5,789 +6.1%	$433,716 +2%
2014	$5,458	$425,221 +97.9%
2012	--	$214,826 +2%
2011	--	$210,615 +0.8%
2010	--	$209,042 -0.2%
2009	--	$209,540 +2%
2008	--	$205,433 +2%
2007	--	$201,406 +2%
2006	--	$197,458
2005	--	$197,458 +4%
2004	--	$189,793 +1.9%
2003	--	$186,316 +2%
2002	--	$182,664 +4%
2000	--	$175,572