2015 Cedar Ave, Long Beach, CA 90806

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Beds

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Baths

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Sq ft

About this home

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.

Type

Commercial/Residential

Year built

1956

Lot

6,375 sq ft

Garage

6 car

HOA

None

Pool

View

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Solar

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Estimated payment

$12,487/mo

Principal & interest$10,012
Property tax (est.)$1,898
Home insurance (est.)$578

Down payment: 20% ($396,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Ryan Pratt, Skyline Commercial Real Estate, 714-767-7039. MLS# NP26204608. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:24 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.