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1527 Cedar Ave, Long Beach, CA 90813
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1527 Cedar Ave Long Beach, CA 90813

$1,000,000 Sold Price as of 05/19/2021
  • -- Beds
  • -- Baths
  • 3,013 Sq.Ft.
Sold
$1,000,000 Sold Price as of 05/19/2021 Refinance Your Mortgage
Map preview of 1527 Cedar Ave, Long Beach, CA 90813

Property Overview: 1527 Cedar Ave Long Beach, CA has -- bedrooms, -- bathrooms, 3,013 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An exceptional opportunity to acquire an investment commercial 6 units, 7 bedrooms and 6 bathrooms, 2 car garages, plenty street parking. An opportunity awaits for those seeking an incomparable investment building in the up coming Long Beach neighborhoods, a unique blend of commercial and residential uses.

Listed by Aisa Tu | BRE #01451448 | Compass
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PTP2002233
City
Long Beach
County
Los Angeles
Time on Site
1154 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 31%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,000
  • Net Operating Income: $40,998
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $20,956
  • Trash: $80
  • Insurance: $2,030

Property Details for 1527 Cedar Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 7269039020
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Pacific Ave to Cedar.
View more facts & features

Local Long Beach Agent

Sale History for 1527 Cedar Ave

Last sold for $1,000,000 on May 19th, 2021

  • May, 2021

  • May 20, 2021

    Date

    Sold

    CRMLS: PTP2100047

    $1,000,000

    Price

  • Mar 19, 2021

    Date

    Active Under Contract

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Hold

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Canceled

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Mar 10, 2021

    Date

    Active Under Contract

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Feb 23, 2021

    Date

    Price Change

    CRMLS: PTP2100047

    $1,100,000

    Price

  • Feb 2, 2021

    Date

    Price Change

    CRMLS: PTP2100047

    $1,179,000

    Price

  • Feb 2, 2021

    Date

    Withdrawn

    CRMLS: PTP2100047

    $1,275,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: PTP2100047

    $1,275,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 20, 2021

    Date

    Sold

    CRMLS: PTP2002233

    $1,000,000

    Price

  • Mar 19, 2021

    Date

    Active Under Contract

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Mar 14, 2021

    Date

    Active

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Hold

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Canceled

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Mar 10, 2021

    Date

    Active Under Contract

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Feb 23, 2021

    Date

    Price Change

    CRMLS: PTP2002233

    $1,100,000

    Price

  • Feb 2, 2021

    Date

    Price Change

    CRMLS: PTP2002233

    $1,179,000

    Price

  • Feb 2, 2021

    Date

    Withdrawn

    CRMLS: PTP2002233

    $1,275,000

    Price

  • Dec 30, 2020

    Date

    Active

    CRMLS: PTP2002233

    $1,275,000

    Price

  • February, 2019

  • Feb 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2014

  • Jan 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1527 Cedar Ave

Assessed Value (2020): $641,805
Year Land Value Improved Value Assessed Value
2020 $281,494 $360,311 $641,805

Home Value Compared to the Market

This property vs the competition

1527 Cedar Ave sold on May 19, 2021 for 37.5% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $365.08 per/sqft which puts the price per square foot 42.23% lower than the current median sale per square foot for the city of Long Beach.

About 1527 Cedar Ave

Detailed summary of property

1527 Cedar Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered -- bedrooms, -- bathrooms, roughly 3,013 living square feet, and sits on an approximately -- square foot lot. 1527 Cedar Ave was first listed on ArdentRealEstateGroup.com on March 14, 2021. The homeowner sold the property for $1,000,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 37.5% higher than the current median priced home. Local homes that are currently for sale include 1749 E 69th St, 226 E Florence Ave and 6524 S Central Ave. While the average home in Long Beach, CA is selling in 51 days, 1527 Cedar Ave has a days on market of 77 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1527 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 1527 Cedar Ave

Public county record property details
Beds
7
Baths
6
Year built
1953
Sq. Ft.
3,013
Lot Size
5,287
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
41-43
APN
7269-039-020

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
$570,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
31
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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