Seller's Agent in 2025
Jeffrey Isenberg
Buckingham Investments, Inc
(310) 982-7055
4 in this area
24 Total Sales
1990 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $1,015,000 - $1,046,000
4
Beds
4
Baths
2,516
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Park
- 4 Car Garage
- Living Room
- Tile Flooring
- Wrought Iron Fence
About This Home
As of December 2025Prime 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!
Last Agent to Sell the Property
Buckingham Investments, Inc Brokerage Phone: 818-795-4477 License #02059354 Listed on: 06/10/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 3,169 Sq Ft Lot
- 1 Common Wall
- West Facing Home
- Wrought Iron Fence
- Wood Fence
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Flat Roof Shape
- Tile Roof
- Stucco
Interior Spaces
- 2,516 Sq Ft Home
- 2-Story Property
- Living Room
- Gas Range
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 1 / 4
- Tax Tract Number 63
- Assessor Parcel Number 7209023001
- $749 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- Wrigley Area Subdivision
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $2,800
- Maintenance Expense $3,782
- Trash Expense $1,559
- Water Sewer Expense $798
- New Taxes Expense $13,375
- Operating Expense $23,669
- Gross Income $1,500
- Net Operating Income $51,223
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2025
Sold by
Weber Joseph D
Bought by
Marquez Gabriel Victor
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,118
Interest Rate
6.27%
Mortgage Type
VA
Purchase Details
Listed on
Mar 20, 2019
Closed on
Apr 12, 2019
Sold by
The Wilson Family Survivors Trust
Bought by
Weber Joseph B
Seller's Agent
David Haas
Ernst & Haas Mngmnt Co., Inc.
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$779,000
Sold Price
$790,000
Premium/Discount to List
$11,000
1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$632,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2010
Sold by
Wilson Stephen M and Wilson Family Trust
Bought by
Wilson Stephen M and Wilson Family Survivors Trust
Purchase Details
Closed on
Oct 14, 2005
Sold by
Wilson Stephen M
Bought by
Wilson Stephen M and Wilson Faith F
Purchase Details
Closed on
Jul 19, 2005
Sold by
Wilson Faith F
Bought by
Wilson Stephen M
Purchase Details
Closed on
Jun 17, 2005
Sold by
Choong Phoebe
Bought by
Choong Phoebe and Sanchez Edward M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2005
Sold by
Stabeck Gloria
Bought by
Wilson Stephen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2004
Sold by
Miranda William J
Bought by
Stabeck Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2003
Sold by
Smart Trent A
Bought by
Miranda William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2002
Sold by
Stapleton Jackie L and West Jared John
Bought by
Smart Trent A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.28%
Purchase Details
Closed on
Sep 5, 2001
Sold by
Stepleton Jackie L
Bought by
Stapleton Jackie L and West Jared John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.91%
Purchase Details
Closed on
Sep 25, 1998
Sold by
Lozano Juanita
Bought by
Lozano Juanita Magana and Lozano Juanita Magana
Purchase Details
Closed on
Sep 28, 1994
Sold by
Lozano Juanita
Bought by
Sandoval Raquel Ferezi
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marquez Gabriel Victor | $1,045,000 | First American Title Company | |
| Weber Joseph B | $790,000 | Ticor Title | |
| Wilson Stephen M | -- | None Available | |
| Wilson Stephen M | -- | None Available | |
| Wilson Stephen M | -- | Chicago Title Co | |
| Choong Phoebe | -- | Chicago Title Co | |
| Wilson Stephen M | $710,000 | Chicago Title Co | |
| Stabeck Gloria | $540,000 | Fidelity National Title Co | |
| Miranda William J | $440,000 | Investors Title Company | |
| Smart Trent A | $355,000 | Chicago Title Co | |
| Stapleton Jackie L | $245,000 | Chicago Title Co | |
| Stapleton Jackie L | $245,000 | Chicago Title Co | |
| Lozano Juanita Magana | -- | -- | |
| Sandoval Raquel Ferezi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Marquez Gabriel Victor | $1,046,118 | |
| Previous Owner | Weber Joseph B | $632,000 | |
| Previous Owner | Wilson Stephen M | $510,000 | |
| Previous Owner | Stabeck Gloria | $378,000 | |
| Previous Owner | Miranda William J | $396,000 | |
| Previous Owner | Smart Trent A | $355,000 | |
| Previous Owner | Stapleton Jackie L | $196,000 | |
| Closed | Stapleton Jackie L | $36,750 | |
| Closed | Stabeck Gloria | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/02/2025 12/02/25 | Sold | $1,045,000 | 0.0% | $415 / Sq Ft | |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- | |
| 08/18/2025 08/18/25 | Price Changed | $1,045,000 | -2.3% | $415 / Sq Ft | |
| 06/10/2025 06/10/25 | For Sale | $1,070,000 | +35.4% | $425 / Sq Ft | |
| 04/26/2019 04/26/19 | Sold | $790,000 | +1.4% | $314 / Sq Ft | View Prior Sale |
| 03/20/2019 03/20/19 | For Sale | $779,000 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,486 | $881,256 | $446,205 | $435,051 |
| 2024 | $11,486 | $863,977 | $437,456 | $426,521 |
| 2023 | $11,289 | $847,037 | $428,879 | $418,158 |
| 2022 | $10,600 | $830,429 | $420,470 | $409,959 |
| 2021 | $10,381 | $814,147 | $412,226 | $401,921 |
| 2019 | $8,902 | $680,000 | $374,100 | $305,900 |
| 2018 | $8,211 | $630,000 | $346,600 | $283,400 |
| 2016 | $6,913 | $550,000 | $302,600 | $247,400 |
| 2015 | $6,171 | $500,000 | $275,100 | $224,900 |
| 2014 | $4,890 | $380,000 | $209,100 | $170,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Isenberg
-
Ron Contreras
Buyer's Agent in 2025
Ron Contreras
R. Steven Contreras Inc.
(951) 519-5478
1 in this area
11 Total Sales
-
David Haas
Seller's Agent in 2019
David Haas
Ernst & Haas Mngmnt Co., Inc.
(562) 548-2332
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25126683
APN: 7209-023-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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