
2332 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated payment $6,745/month
Highlights
- Private Yard
- Cooling Available
- 1-Story Property
- No HOA
- Laundry Room
About This Home
Located in Long Beach’s vibrant Wrigley neighborhood, 2332 Cedar Ave is extensively renovated and ready for move-in! As you drive down the long private driveway with ample off-street parking, you’re greeted by a charming Spanish Colonial-style front house featuring 2 bedrooms and 1 bathroom. This home has been thoughtfully updated with new flooring, countertops, modern cabinetry, light fixtures, mini split AC, and a full electrical rewire. The home is leased to long term tenants paying great rent!
Tucked midway through the 6,500 sq ft lot is a brand-new, all-electric 2-bedroom, 1-bath ADU completed in 2025, featuring a separate meter, new roof, premium finishes, and washer/dryer hookups—currently move-in ready!
At the rear is a stylishly updated 1-bedroom, 1-bath unit, built in 1951, with new mini split AC, new wiring, and a new main gas line. This unit is leased at market rent!
Additional upgrades include a new main water line serving all units, new windows, flooring, kitchen cabinets, countertops, light fixtures, and exhaust hoods throughout. Whether you're an investor or planning to live in one unit while offsetting your mortgage, this is a smart move for any buyer.
Listing Agent
Buckingham Investments, Inc Brokerage Phone: 650-549-4849 License #02116879 Listed on: 07/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,159
Year Built
- Built in 1924
Lot Details
- 6,502 Sq Ft Lot
- 1 Common Wall
- Private Yard
- Front Yard
Home Design
- Duplex
Interior Spaces
- 1,992 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Tandem Uncovered Parking
- Shared Driveway
Location
- Suburban Location
Utilities
- Cooling Available
- Private Sewer
Listing and Financial Details
- Legal Lot and Block 8 / 4
- Tax Tract Number 11934
- Assessor Parcel Number 7205016008
- $1 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Wrigley Area Subdivision
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $460
- Water Sewer Expense $1,700
- Operating Expense $25,710
- Gross Income $78,600
- Net Operating Income $50,532
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,159 | $703,800 | $492,660 | $211,140 |
2024 | $9,159 | $690,000 | $483,000 | $207,000 |
2023 | $1,416 | $76,051 | $55,114 | $20,937 |
2022 | $1,344 | $74,561 | $54,034 | $20,527 |
2021 | $1,307 | $73,100 | $52,975 | $20,125 |
2020 | $1,304 | $72,351 | $52,432 | $19,919 |
2019 | $1,290 | $70,933 | $51,404 | $19,529 |
2018 | $1,171 | $69,544 | $50,397 | $19,147 |
2016 | $1,077 | $66,845 | $48,441 | $18,404 |
2015 | $1,041 | $65,842 | $47,714 | $18,128 |
2014 | $1,048 | $64,553 | $46,780 | $17,773 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | For Sale | $1,100,000 | +59.4% | $552 / Sq Ft |
08/18/2023 08/18/23 | Sold | $690,000 | +6.2% | $502 / Sq Ft |
07/20/2023 07/20/23 | Pending | -- | -- | -- |
07/13/2023 07/13/23 | For Sale | $650,000 | -- | $473 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $690,000 | Orange Coast Title | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $552,000 | New Conventional |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25152977

APN: 7205-016-008
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