2409 Cedar Avenue is an 8-unit multifamily investment opportunity located in the highly desirable Wrigley neighborhood of Long Beach. With in-place rents approximately 28% below current market levels, the property presents a compelling value-add opportunity and strong potential for rental income growth. The well-balanced unit mix features four (4) two-bedroom/one-bath units and four (4) one-bedroom/one-bath units, all generously sized to appeal to a wide range of renters and support long-term occupancy. Separate gas and electric meters provide an opportunity for utility passthrough, while onsite laundry facilities generate additional ancillary income. Situated in the walkable and transit-friendly Wrigley submarket, the property boasts an 88 Walk Score and 81 Bike Score, offering residents easy access to neighborhood retail, dining, and daily conveniences. The Willow Street Metro Station is just 0.6 miles away, providing a direct connection to major employment hubs throughout the region.