Prime 4-Unit Investment Opportunity!
Unlock the exceptional potential of this well-positioned multifamily asset in the heart of the South Wrigley sub-market of Long Beach. Each of the spacious 1 bed, 1 bath units offers approx. 630 square feet of living space with functional layouts and the ability to add in-unit laundry for increased rental appeal and tenant retention. Recent Cap Ex includes new roofs on both structures, upgraded electrical panel, seismic retrofit bolting and rebuilt front & rear staircases. Investors and owner-users alike have the opportunity to capture a 13% upside in rents, in an area poised for continued appreciation. The property includes 2 large-tandem garages offering ADU development potential (buyer to verify).
• Close proximity to the 710, 405, & 91 freeways and public transportation options including the Metro Blue Line with direct access to downtown Long Beach & Los Angeles.
• Approximately 2 miles to the Long Beach Civic Center, Shoreline Village, and the waterfront district offering a wide range of dining, shopping, and entertainment options.
• Nearby access to recreational amenities like Cesar E. Chavez Park, the Wrigley Greenbelt, Lincoln Park and the L.A. River bike path.
South Wrigley is seeing a wave of transformation with ongoing infrastructure upgrades, new residential and mixed-use developments, and significant city investment in the surrounding area. Investors will benefit from being in the path of progress as Long Beach continues to revitalize and attract new residents and businesses alike.
Whether you're looking to expand your portfolio or capitalize on a high-potential asset in one of Long Beach’s most promising neighborhoods, 1990 Cedar Ave. is a must-see!
For sale
Listing Provided by:
Jeffrey Isenberg DRE #02059354 818-795-4477,
Buckingham Investments, Inc
$1,070,000
1990 Cedar Ave, Long Beach, CA 90806
4beds
4baths
2,516sqft
Est.:
Quadruplex
Built in 1930
-- sqft lot
$1,071,100 Zestimate®
$425/sqft
$-- HOA
What's special
Functional layoutsSeismic retrofit boltingUpgraded electrical panelIn-unit laundry
- 56 days
- on Zillow |
- 347 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 06:48am
Listing Provided by:
Jeffrey Isenberg DRE #02059354 818-795-4477,
Buckingham Investments, Inc
Source: CRMLS,MLS#: SB25126683
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range, Water Heater
- Laundry: None
Features
- Bedroom on Main Level
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,516
- Total interior livable area: 2,516 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Street Level
- Pool features: None
- Spa features: None
- Fencing: Wood,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 3,169 Square Feet
- Features: 0-1 Unit/Acre, Back Yard
Details
- Parcel number: 7209023001
- Zoning: LBR2N
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Flat,Tile
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Wrigley Area (Wr)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $863,977
- Annual tax amount: $11,486
- Date on market: 6/10/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Exclusions: Tenants Personal Property
- Total actual rent: 6434
- Tenant pays: Electricity, Gas
- Road surface type: Paved
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