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2046 Cedar Ave, Long Beach, CA 90806
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2046 Cedar Ave Long Beach, CA 90806

$1,122,000 Sold Price as of 11/19/2019
  • 9 Beds
  • 7 Baths
  • 5,730 Sq.Ft.
Sold
$1,122,000 Sold Price as of 11/19/2019 Refinance Your Mortgage
Map preview of 2046 Cedar Ave, Long Beach, CA 90806

Property Overview: 2046 Cedar Ave Long Beach, CA has 9 bedrooms, 7 bathrooms, 5,730 living square feet and 4,687 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fourplex Building in Wrigley Area of Long Beach! Priced to sell quick. All cash, quick close only! Unit A is a 4+3. Unit B is a 1+1. Unit C is a 2+2. Unit D is a 2+1. Great rental area! Must See!

Listed by Jeff Zolot | BRE #01354228 | First Team Real Estate - Torrance
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
4,687
HOA Dues
$0/mo
Year built
1964
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW19244241
City
Long Beach
County
Los Angeles
Time on Site
1400 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,700
  • Net Operating Income: $80,020
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $15,680
  • Electric: $2,400
  • New Taxes: $7,000
  • Trash: $600
  • Gardener: $480
  • Insurance: $1,000
  • Water/Sewer: $4,200

Property Details for 2046 Cedar Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: See Remarks
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7209024007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: Pacific Coast Hwy to North on Cedar Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 2046 Cedar Ave

Last leased for $2,900 on August 15th, 2020

  • August, 2020

  • Aug 15, 2020

    Date

    Leased

    CRMLS: TR20153073

    $2,900

    Price

  • Aug 1, 2020

    Date

    Active

    CRMLS: TR20153073

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    Huge 2100 sq ft cheery and bright 4 bedroom, 3 bath 2-story townhouse unit for immediate rental. Townhouse was just renovated, repainted and updated throughout and includes: fenced front yard areas; picturesque fireplaces and dramatic staircase, new lighting fixtures throughout; tons of built-in storage closets; huge living room; charming kitchen with brand new stainless steel stove and brand new dishwasher; spacious dining area off kitchen; 1st floor bedroom with separate entrance and own bathroom; new laminate throughout the 2nd floor; laundry room with washer/dryer hookups and extensive storage; all bathrooms with new fixtures; spacious master suite including a full bath; 2 super sized bedrooms upstairs with storage; security window bars and front security door; and parking for 2 cars via alley access. One block from Pacific Ave. shopping area including a supermarket, post office and restaurants. Minutes from the Pacific Coast Highway Metro Station and downtown Long Beach. Easy access to the 405 and 710 highways. Application, financial statements and credit check required for each adult renter. Final applicants will pay for background and credit checks (about $30). Don’t miss out on this rare and special property, Monthly Rent $2,900. One month deposit. Minimum one year lease. Owner pays for gas and water/sewer. Tenants pay for electricity and trash.

  • November, 2019

  • Nov 26, 2019

    Date

    Sold

    CRMLS: DW19244241

    $1,122,000

    Price

  • Nov 4, 2019

    Date

    Active Under Contract

    CRMLS: DW19244241

    $1,150,000

    Price

  • Oct 29, 2019

    Date

    Active

    CRMLS: DW19244241

    $1,150,000

    Price

  • Oct 29, 2019

    Date

    Hold

    CRMLS: DW19244241

    $1,150,000

    Price

  • Oct 16, 2019

    Date

    Active

    CRMLS: DW19244241

    $1,150,000

    Price

  • November, 2019

  • Nov 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,122,000

    Price

  • August, 2019

  • Aug 7, 2019

    Date

    Canceled

    CRMLS: DW19146613

    $1,280,000

    Price

  • Jun 21, 2019

    Date

    Active

    CRMLS: DW19146613

    $1,280,000

    Price

  • Listing provided courtesy of CRMLS

    Investment property available in Long Beach. The property features a 4 Bedroom 3 bath unit. A 2 Bedroom 2 bath. A 2 bedroom 1 bath unit. A 1 bedroom 1 bath. The public transportation and the shopping stores nearby.

  • August, 2018

  • Aug 27, 2018

    Date

    Canceled

    CRMLS: RS17275228

    $1,199,990

    Price

  • Mar 31, 2018

    Date

    Active

    CRMLS: RS17275228

    $1,199,990

    Price

  • Mar 2, 2018

    Date

    Hold

    CRMLS: RS17275228

    $1,199,990

    Price

  • Dec 14, 2017

    Date

    Active

    CRMLS: RS17275228

    $1,199,990

    Price

  • Listing provided courtesy of CRMLS

    Nice income property located in the Wrigley Area of Long Beach. Big building with FOUR large units. Front unit has FOUR bedroom and TREE baths. All other units are TWO bedrooms ONE bath.

  • November, 2017

  • Nov 23, 2017

    Date

    Expired

    CRMLS: RS17059820

    $1,390,000

    Price

  • Aug 8, 2017

    Date

    Price Change

    CRMLS: RS17059820

    $1,390,000

    Price

  • Jul 25, 2017

    Date

    Active

    CRMLS: RS17059820

    $1,190,000

    Price

  • Jul 13, 2017

    Date

    Pending

    CRMLS: RS17059820

    $1,190,000

    Price

  • Jun 19, 2017

    Date

    Price Change

    CRMLS: RS17059820

    $1,190,000

    Price

  • Mar 23, 2017

    Date

    Active

    CRMLS: RS17059820

    $1,390,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the market!!! Big reduction for a quick sale! Excellent opportunity for your investment! These FOUR BIG units are ready and generating an excellent income per year. Some units were recently upgraded and have long term tenants and just TWO MILES from the beach!

  • May, 2006

  • May 22, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2046 Cedar Ave

Assessed Value (2020): $1,122,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $522,000 $1,122,000

Home Value Compared to the Market

This property vs the competition

2046 Cedar Ave sold on November 19, 2019 for 43.75% 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 $200.7 per/sqft which puts the price per square foot 68.24% lower than the current median sale per square foot for the city of Long Beach.

About 2046 Cedar Ave

Detailed summary of property

2046 Cedar Ave is a fourplex that recently sold in Long Beach, CA 90806. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 5,730 living square feet, and sits on an approximately 4,687 square foot lot. 2046 Cedar Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,122,000. 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 43.75% higher than the current median priced home. Local homes that are currently for sale include 1562 W 31st St, 1562 W 31st St and 1615 Cherry Ave. While the average home in Long Beach, CA is selling in 52 days, 2046 Cedar Ave has a days on market of 17 days. There are currently 647 homes for sale in the Long Beach real estate market and 369 of them are single family homes while 262 of them are condos and 16 are townhomes. For more information on this home for sale at 2046 Cedar Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2046 Cedar Ave

Public county record property details
Beds
9
Baths
7
Year built
1964
Sq. Ft.
5,730
Lot Size
4,700
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7209-024-007

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
14
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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Is this your property?
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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