1245 Cedar Ave Long Beach, CA 90813

$1,675,000 Sold Price as of 03/06/2019

24 Beds
24 Baths
9,780 Sq.Ft.

Off Market

$1,675,000 Sold Price as of 03/06/2019 Refinance Your Mortgage

Map preview of 1245 Cedar Ave, Long Beach, CA 90813

Property Overview: 1245 Cedar Ave Long Beach, CA has 24 bedrooms, 24 bathrooms, 9,780 living square feet and 7,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1245 Cedar Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $780,000. The median price per/sqft for Long Beach is $646. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $156,000 for the down payment and will need roughly $15,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1245 Cedar Ave

Last sold for $1,675,000 on March 6th, 2019

September, 2021
Sep 28, 2021

Date

Withdrawn

CRMLS: OC21113843

$3,199,000

Price
Sep 15, 2021

Date

Hold

CRMLS: OC21113843

$3,199,000

Price
Sep 11, 2021

Date

Active

CRMLS: OC21113843

$3,199,000

Price
Sep 2, 2021

Date

Hold

CRMLS: OC21113843

$3,199,000

Price
Jun 24, 2021

Date

Active

CRMLS: OC21113843

$3,199,000

Price
Listing provided courtesy of CRMLS

A well maintained 15 Unit apartment complex! Property is Majority 1Bed 1Bath with great rental income. Most of the units have been upgraded.

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May, 2020
May 25, 2020

Date

Expired

CRMLS: PW20053007

$3,300,000

Price
Apr 23, 2020

Date

Withdrawn

CRMLS: PW20053007

$3,300,000

Price
Mar 11, 2020

Date

Active

CRMLS: PW20053007

$3,300,000

Price
Listing provided courtesy of CRMLS

A fifteen unit property consisting of one bedroom-one bathroom units in two buildings. The property features quick San Pedro Harbor and Beach access. The smaller front building is a triplex and the larger rear building consists of twelve units. This property is in an opportunity zone.

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March, 2019
Mar 6, 2019

Date

Sold (Public Records)

Public Records

$1,675,000

Price
April, 2010
Apr 9, 2010

Date

Sold (Public Records)

Public Records

$847,500

Price

Tax History for 1245 Cedar Ave

Assessed Value (2020): $2,143,300

Year	Land Value	Improved Value	Assessed Value
2020	$1,392,300	$751,000	$2,143,300

About 1245 Cedar Ave

Detailed summary of property

1245 Cedar Ave is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90813 and last sold on March 6, 2019 for $1,675,000. This property has 24 bedrooms, 24 bathrooms, roughly 9,780 living square feet, and sits on an approximately 7,621 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 104.52% higher than the current median priced home. 1245 Cedar Ave was last sold on March 6, 2019 for $1,675,000. Local nearby listings include 1602 Locust Ave, 1598 Long Beach Blvd #412 and 1598 Long Beach Blvd #209. The average home in Long Beach, CA is selling in 62 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. If you are the homeowner and looking to sell the home at 1245 Cedar Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1245 Cedar Ave

Public county record property details

Beds: 24
Baths: 24
Year built: 1913
Sq. Ft.: 9,780
Lot Size: 7,621
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 7272-001-019

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$560,000

Median List Price/Sq.Ft.

$553

Median Sold Price

$495,000

Median Sold Price/Sq.Ft.

$587

Total Inventory

Median Sale to List Price %

99.02%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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