Listed by Tyler Leeson, Marcus & Millichap RE Invest
$2,525,000
- 8 Beds
- 14 Baths
- 9,399 sqft
2059 Cedar Ave, Long Beach, CA 90806
Est. Mortgage $15,889/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1931
$269/sqft
Garage
Local Information
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About this House
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 generating 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.
Home Details for 2059 Cedar Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 14 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: First level |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Days on Market: 1 |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7209025018 |
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Price List Price: $2,525,000Price Per Sqft: $269 |
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MLS Status: Active |
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Direction & Address City: Long BeachCommunity: Other |
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Listing Agent Listing ID: OC26199545 |
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Building Area Building Area: 9399 Square Feet |
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Community Features: Curbs, Gutter(s), Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 6534 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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No Rent Control |
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Mls Number: OC26199545Living Area Range Units: Square FeetAttribution Contact: tleeson@marcusmillichap.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7209025018-R-N |
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CurbsGutter(s)Street LightsSidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Wrigley
At least 360 Trulia users voted on each feature.
94 % Say there are sidewalks
83 % Say it's dog friendly
74 % Say car is needed
68 % Say it's walkable to grocery stores
66 % Say it's walkable to restaurants
65 % Say there's holiday spirit
63 % Say yards are well-kept
59 % Say streets are well-lit
51 % Say kids play outside
50 % Say neighbors are friendly
48 % Say they plan to stay for at least 5 years
47 % Say there's wildlife
41 % Say people would walk alone at night
38 % Say it's quiet
33 % Say parking is easy
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Long Beach
Last updated August 2026
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $1,600,000 | 04/14/26 | 11 | 11 | 7,226 | |
0.19 | Multi-Family Home | $1,700,000 | 05/18/26 | 10 | 6 | 5,504 | |
0.34 | Multi-Family Home | $1,659,000 | 04/08/26 | 8 | 9 | 4,945 | |
0.24 | Multi-Family Home | $1,700,000 | 06/30/26 | 17 | 8 | 6,523 | |
0.46 | Multi-Family Home | $1,900,000 | 12/19/25 | 11 | 10 | 6,423 | |
0.32 | Multi-Family Home | $1,225,000 | 10/15/25 | 11 | 9 | 4,516 | |
0.51 | Multi-Family Home | $2,700,000 | 05/14/26 | 16 | 14 | 7,780 | |
0.11 | Multi-Family Home | $1,150,000 | 12/31/25 | 8 | 4 | 3,534 | |
0.17 | Multi-Family Home | $1,225,000 | 03/12/26 | 7 | 4 | 3,112 | |
0.27 | Multi-Family Home | $1,135,000 | 09/26/25 | 7 | 6 | 2,695 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $1,333,700 | 5 | 4 | 2,674 | Off Market | |
0.05 | - | 12 | 5 | 3,692 | Off Market | |
0.05 | $1,600,000 | 11 | 11 | 7,226 | Recently Sold | |
0.12 | $1,089,100 | 5 | 3 | 2,234 | Off Market | |
0.09 | $1,069,700 | 3 | 3 | 1,329 | Off Market | |
0.13 | $857,900 | 3 | 1 | 1,055 | Off Market | |
0.09 | $1,045,000 | 4 | 4 | 2,516 | Recently Sold | |
0.10 | $860,000 | 2 | 1 | 1,150 | Recently Sold | |
0.16 | $721,900 | 4 | 2 | 2,250 | Off Market | |
0.12 | $900,000 | 7 | 3 | 1,377 | For Sale | |
0.11 | $1,150,000 | 8 | 4 | 3,534 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 11, 2026 Source: CRMLS #OC26199545 | Listed For Sale | $2,525,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tyler Leeson, Marcus & Millichap RE Invest

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. as of 2026-09-11 00:47:25 PDT 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-11 00:47:25 PDT 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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Frequently asked questions about 2059 Cedar Ave
- What is the estimated monthly payment for 2059 Cedar Ave?Based on a $2,525,000 list price with 20% down at today's rates, the estimated monthly payment for 2059 Cedar Ave in Long Beach, CA is approximately $16,077 (about $13,519 principal & interest, $2,483 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2059 Cedar Ave compare to homes in Long Beach?2059 Cedar Ave in Long Beach, CA is listed at $2,525,000, about 208% above the $820K median sale price in Long Beach.
- What do residents say about the Wrigley neighborhood?Residents describe the Wrigley neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to grocery stores. See homes for sale in Wrigley, Long Beach.
- What are the closest schools to 2059 Cedar Ave?The closest schools to 2059 Cedar Ave in Long Beach, CA are Cabrillo High School (rated 3/10), Lafayette Elementary School (rated 5/10), Washington Middle School (rated 4/10).
- Does 2059 Cedar Ave have laundry facilities?Yes, 2059 Cedar Ave in Long Beach, CA has laundry facilities.

