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2059 Cedar Avenue

Long Beach, CA 90806
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Bed 1

Bed

Bath 2

Bath

Acres0.15

Acre(Lot)

2059 Cedar Avenue is a 14-unit multifamily property located in Long Beach, California. Built in 1931, 2059 Cedar Avenue features distinctive Spanish Revival-style architecture characterized by its stucco exterior, clay tile roof, arched openings and period architectural detailing. The 2-story property features a unit mix of 6 studios and 8 1-bed/1-bath units totaling approximately 9,399 rentable square feet. Residents enter through a controlled-access main entrance that opens to an interior hallway system serving the individual residences, a layout characteristic of apartment buildings from this era. The property offers several amenities that provide value to both residents and ownership. An on-site laundry facility gives residents the convenience of laundry within the building while gener ating additional property income. The 4 garage parking spaces are particularly valuable in Long Beach’s dense residential environment, providing residents with dedicated off-street parking while also enhancing the property’s rental income. Current ownership reports copper plumbing and electrical improvements, along with updates to kitchens and bathrooms throughout the property. Units have also received various improvements as they have turned over through the years, with stainless-steel appliances among the upgrades found in select residences. Combining classic 1930s architecture with updated interiors, building-system improvements and incomeproducing resident amenities, 2059 Cedar Avenue offers investors the opportunity to acquire a distinctive Long Beach multifamily asset with numerous capital improvements already completed under current ownership.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,525,000

AD Id : 91180318

MLS Id : OC26199545

Beds : 1

Lot Size : 0.15 Acre

Year Built : 1931

Garage : 4

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1931
    Building Area Total: 9399
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.15 Lot Size Acres: 0.15 Lot Size Source: Assessor Lot Size Square Feet: 6,534 Lot Description: StreetLevel

    Property Information

    Subdivision: Other Source Property Type: ResidentialIncome Property SubType: Apartment Property Age: 95

  • Listing Price Information

    Listing Price: $2525000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 7209025018 Tax Lot: 17 Tax Block: 2

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: Cross Streets of Cedar Avenue & West 21st Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1868 Gardenia Avenue, Long Beach, CA, 90806 $1,600,000 12 6 -- 6,451 Sqft
1354 E Wesley, Long Beach, CA, 90806 $888,000 4 4 -- 4,554 Sqft
1958 Pine, Long Beach, CA, 90806 $2,030,000 16 9 -- 6,742 Sqft
1952 Pine, Long Beach, CA, 90806 $1,565,000 8 -- -- 6,742 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/12/2026 @ 13:12

MLS: OC26199545 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS

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