Roy Rigsby - Desert Lifestyle Properties Logo
$1,980,000
 $10,629 est/mo Sourced by Back At You

2015 Cedar Ave,Long Beach, CA 90806

Long Beach, CA 90806

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Description

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.

Details

MLS #NP26204608
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1956
Days On Site54
Listing Provided BySkyline Commercial Real Estate | Ryan Pratt

Features

SQ Feet7,226
Garage6
Story(s)2
Units10
Building(s)1
Acreage0.15

Exterior

Lot FeaturesSix To Ten Units Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,980,000
low | high
Med:
$899,000
100% of Average
sqft:
7,226
low | high
Med:
1,405
100% of Average
$ / sqft:
$274
low | high
Med:
$640
83.515726661634% of Average
On site:
54
low | high
Med:
90
60% of Average
Sourced by Back At You

Market Activity 90806

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Learn More About This Property

Roy Rigsby

Roy Rigsby

Desert Lifestyle Properties

01399810 (760) 409-5117roy@desertrealestate4you.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90806
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,980,000
low | high
Med:
$899,000
100% of Average
sqft:
7,226
low | high
Med:
1,405
100% of Average
$ / sqft:
$274
low | high
Med:
$640
83.515726661634% of Average
On site:
54
low | high
Med:
90
60% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.485M - $2.475M
sqft: 5,000 - 9,000
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$1,699,000
1861 -1871 Pacific Avenue
Long Beach, CA 90806
Listing Updated: October 27, 2026 at 10:22:28 AM PDT