1990 Cedar Avenue Long Beach, CA 90806

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 infrast