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$1,600,000
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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.
Full Property Details
Full Property Details for 2015 Cedar Ave
General
- Sold For: $1,600,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NP26018192
- Added to Site: 117 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: Cedar Ave and 20th St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 10
- # Electric Meters: 10
Structural Information
- Entry Location: 1
- Square Feet: 7,226
- Year Built: 1956
Unit Information
Unit 1
- Number of Units: 9
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1463
- Lot Size Source: Public Records
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $221.42
- Price Per Unit: 185000
Listed and Sold by Skyline Commercial Real Estate, Ryan Pratt and Skyline Commercial Real Estate, Christopher Pettit
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Schools
Schools serving 2015 Cedar Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Elementary School, Long Beach, CA 2445 Chestnut Avenue, Long Beach, CA 90806 | K-5 | 0.5 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.6 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2015 Cedar Ave
Date
Details
Price
Change
Source
4/14/2026
Sold
$1,600,000
-13.51%
MLS
3/23/2026
Price Reduced
$1,850,000
-7.5%
MLS
1/26/2026
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2015 Cedar Ave, Long Beach, CA 90806 (MLS# NP26018192) is a Multi-Family property that was sold at $1,600,000 on April 14, 2026. Want to learn more about 2015 Cedar Ave? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.

