2490 Cedar Avenue is a 10-unit multifamily investment opportunity located in the highly desirable Wrigley neighborhood of Long Beach. With in-place rents approximately 22% 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 six (6) one-bedroom/one-bath units and four (4) studio units, appealing to a range of renters and supporting 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 a 90 Walk Score and 80 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.