2441 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated payment $6,712/month
Highlights
- No Units Above
- Landscaped
- 1-Story Property
- Laundry Room
- Heating System Uses Natural Gas
About This Home
Introducing an excellent investment opportunity in the heart of Long Beach, this well-maintained four-unit multifamily property offers a desirable unit mix, functional layouts, and strong tenant appeal. The property features four side-by-side residences with individual garages, providing a sought-after amenity in today's rental market (or convert to ADUs?). The unit mix consists of one two-bedroom, one-bathroom residence and three one-bedroom, one-bathroom residences. Easily managed property so an opportunity to increase cash flow. Ideally located in Long Beach, the property is just minutes from shopping, dining, local beaches, major employment centers, and convenient freeway access. With Long Beach continuing to attract renters through its coastal lifestyle and diverse economy, this property presents an attractive opportunity for investors seeking a stable, well-located multifamily asset with long-term upside.
Listing Agent
Estate Properties Brokerage Phone: 310-902-7214 License #01731424 Listed on: 08/07/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 6,630 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Landscaped
Parking
- 8 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,945 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 13 / 7
- Tax Tract Number 7205
- Assessor Parcel Number 7205010015
- $979 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Wrigley Area Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $3,500
- Maintenance Expense $1,200
- Professional Management Expense $6,000
- Water Sewer Expense $600
- New Taxes Expense $14,939
- Operating Expense $27,439
- Gross Income $80,640
- Net Operating Income $53,201
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,717 | $541,251 | $256,523 | $284,728 |
| 2025 | $7,717 | $530,650 | $251,499 | $279,151 |
| 2024 | $7,369 | $520,246 | $246,568 | $273,678 |
| 2023 | $7,242 | $510,046 | $241,734 | $268,312 |
| 2022 | $6,817 | $500,046 | $236,995 | $263,051 |
| 2021 | $6,666 | $490,243 | $232,349 | $257,894 |
| 2019 | $6,572 | $475,984 | $225,458 | $250,526 |
| 2018 | $6,295 | $466,658 | $221,038 | $245,620 |
| 2017 | $55 | $457,234 | $216,704 | $240,530 |
| 2016 | $5,789 | $448,269 | $212,455 | $235,814 |
| 2015 | $5,478 | $433,716 | $209,020 | $224,696 |
| 2014 | $5,458 | $425,221 | $204,926 | $220,295 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | For Sale | $1,100,000 | +165.1% | $374 / Sq Ft | |
| 01/23/2012 01/23/12 | Sold | $415,000 | -9.6% | $141 / Sq Ft | View Prior Sale |
| 12/28/2011 12/28/11 | Pending | -- | -- | -- | |
| 08/20/2011 08/20/11 | For Sale | $459,000 | -- | $156 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title | |
| Grant Deed | $415,000 | Fatcola | |
| Grant Deed | $169,000 | Guardian Title Company | |
| Grant Deed | -- | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $595,000 | New Conventional | |
| Closed | $385,000 | New Conventional | |
| Previous Owner | $311,250 | New Conventional | |
| Previous Owner | $159,355 | FHA | |
| Previous Owner | $163,718 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26171308
APN: 7205-010-015
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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