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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
    : 
    Quadruplex
    Built in 1930
    -- sqft lot
    $1,071,100 Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Functional layoutsSeismic retrofit boltingUpgraded electrical panelIn-unit laundry
    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!
    56 days
    on Zillow
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    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#: SB25126683MLS LogoOriginating MLS: California Regional MLS
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    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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