2015 Cedar Ave, Long Beach, CA 90806
- $1,600,000
- Sold Price
- $1,600,000
- List Price
- $1,850,000
- Closing Date
- Apr 14, 2026
- Status
- CLOSED
- MLS#
- NP26018192
- Year Built
- 1956
- Lot Size
- 6,375
- Acres
- 0.15
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 77
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Neighborhood
- Wrigley Area (Wr)
Property Description
Pleased to present the opportunity to acquire the Cedar Ave Apartments located in the 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. With rents slightly below market, the asset provides stable cashflow with a clear pathway to increasing income in a coastal market currently going through massive redevelopment.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $176,256
- Operating Expense
- 44835
Listing courtesy of Listing Agent: Ryan Pratt (ryan@skylinecommercialadvisors.com) from Listing Office: Skyline Commercial Real Estate.
Listing sold by Ryan Pratt from Skyline Commercial Real Estate
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.