JoinServicesInsightsPeopleAbout Us
USACALong BeachWrigley Area (Wr)1990 S Cedar Ave
1990 S Cedar Ave, Home with 0 bedrooms, 0 bathrooms and 4 parking in Long Beach CA | Image 1
Link Copied
$1,070,000

1990 S Cedar Ave, Long Beach, CA

Real Estate

For Sale

$--,---,---
004
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 8
Lot Size 
Approx. Age 1930
MLS® Number SB25126683

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description
MLS® NumberSB25126683
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.0728
Exterior
GarageYes
Approx. Age1930
Basement
DrivewayGarage
Garage Spaces
HeatWall Furnace
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Bedroom 1:Not available

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing