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1425 Cedar Avenue
Long Beach, CA 90813
Sold
The subject property is a 10-unit two-story walk-up style building, with 6,222 square feet. There are 8 one-bedroom/one-bath units plus 2 two-bedroom/one-bath units. All units have separate gas and electric meters. The building also contains 4 garages plus a coin-opearated on-site laundry both of which yield extra income. Great location close to middle school, shopping, public transit, close to downtown Long Beach and Beaches.This property always stays rented and is currently 100% occupied. This is an Investors dream, easy to rent and easy maintenance.
PROPERTY INFORMATION
| MLS # | OC24166043 | Lot Size | 6,691 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,850,000
Price Per SqFt: $ 297 |
DOM | 268 Days |
| Address | 1425 Cedar Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 6,222 Sq. Ft. |
| Postal Code | 90813 | Garage | 4 |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 0 / 0 | Parking | 4 |
| Built In | 1953 | Status | Closed |
| Sold Date | 2024-11-08 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Free-Standing Range, Refrigerator, Water Heater Central |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,973
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/08/2024 | Sold | $1,682,500 |
| 08/20/2024 | Active Under Contract | $1,850,000 |
| 08/13/2024 | Listed | $1,850,000 |
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Listing provided courtesy of Jeff Stearman, Keller Williams OC Coastal Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
