Long Beach, CA 90806 2332 Cedar Avenue

2332 Cedar Avenue Long Beach, CA - Image 12332 Cedar Avenue Long Beach, CA - Image 22332 Cedar Avenue Long Beach, CA - Image 3
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Presented By: Christopher Crosby with Buckingham Investments, Inc; 650-549-4849
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25152977
  • 07/08/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 1,992

Home Details

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.
Presented By: Christopher Crosby with Buckingham Investments, Inc; 650-549-4849

Interior Features for 2332 Cedar Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesAllBedroomsDown
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup
Total Stories1

Other Rooms

Entry Level1

General for 2332 Cedar Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.6
Carport Y/NNo
CityLong Beach
Community FeaturesSuburban
ContingencyBuyer to cooperate with seller's 1031 exchange, but is not a contingency of the sale. Information provided is usually deemed reliable but it is NOT guaranteed accurate by the seller or listing agent.
CoolingElectric
CountyLos Angeles
DirectionsOn Cedar Ave between Hill St & Willow St.
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income78600.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsExchange1031
Lot Size Square Feet6502.0
Lot Size UnitsSquareFeet
MLS Area5 - Wrigley Area
MobileHomeRemainsYNNo
Net Operating Income50532.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces5.0
Operating Expense25710.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPrivateSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameWrigley Area (WR)
Tax Lot8
Tenant PaysElectricity, Gas
Trash Expense460.0
Water Sewer Expense1700.0
Year Built1924
Year Built SourcePublicRecords
ZoningLBR1N

Exterior for 2332 Cedar Avenue

Building Area Total1992.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Yard
Lot Size Acres0.1493
Lot Size Area6502.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesDriveway, SharedDriveway, Tandem, Uncovered
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,100,000
MLS#SB25152977
List Date 07/08/2025
Property Type Multi-Family
Phone 714.742.6515
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