5351 Cedar Ave Long Beach, CA 90805

$740,000 Sold Price as of 04/10/2018

4 Beds
4 Baths
2,136 Sq.Ft.

Off Market

$740,000 Sold Price as of 04/10/2018 Refinance Your Mortgage

Map preview of 5351 Cedar Ave, Long Beach, CA 90805

Property Overview: 5351 Cedar Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,136 living square feet and 6,957 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5351 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 $802,000. The median price per/sqft for Long Beach is $635. 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 $160,400 for the down payment and will need roughly $16,040 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 $38,000. 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 5351 Cedar Ave

Last sold for $740,000 on April 10th, 2018

July, 2023
Jul 1, 2023

Date

Expired

CRMLS: PW22189881

$1,274,000

Price
Sep 6, 2022

Date

Active

CRMLS: PW22189881

$1,299,000

Price
Listing provided courtesy of CRMLS

Welcome to 5351 Cedar Ave, a 4 Plex in North Long Beach that takes up half the Block and has 3 of 4 units at Market Rent! Each unit is like a Casita with it's own address and each has individual front and back yards. The units have a nice living space, kitchen with eat in dining space, and a door that leads to the individual back yard. Parking is not a problem as each unit includes a 1 car finished Garage, with space for parking in front of the garage, and is paid for in addition to each rental payment! As an Investor, or Owner Occupied, you will be thrilled to own this property that has separate gas and electric meters paid for by the residents. Don't let this opportunity to own this amazing 4-plex pass you by!

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April, 2018
Apr 12, 2018

Date

Sold

CRMLS: PW18027663

$740,000

Price
Feb 12, 2018

Date

Pending

CRMLS: PW18027663

$740,000

Price
Feb 6, 2018

Date

Active

CRMLS: PW18027663

$740,000

Price
Listing provided courtesy of CRMLS

Great 4-plex built in 1948 located on the corner of Plymouth of Cedar in N. Long Beach. This building is 2,136 Sq. Ft. with a lot size of 6,957 Sq. Ft. Unit mix consists of: 4- 1bedroom/1bathroom cottage style units. Each unit has a patios and a 1 car garage. Separately metered for gas and electric. Long term owner with very low rents and tons of upside. There are currently 2 vacant units that can be rented or left vacant upon close of escrow.

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April, 2018
Apr 10, 2018

Date

Sold (Public Records)

Public Records

$740,000

Price
March, 2006
Mar 30, 2006

Date

Sold (Public Records)

Public Records

$555,000

Price

Tax History for 5351 Cedar Ave

Assessed Value (2020): $769,896

Year	Land Value	Improved Value	Assessed Value
2020	$353,736	$416,160	$769,896

About 5351 Cedar Ave

Detailed summary of property

5351 Cedar Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Long Beach, CA 90805 and last sold on April 10, 2018 for $740,000. This property has 4 bedrooms, 4 bathrooms, roughly 2,136 living square feet, and sits on an approximately 6,957 square foot lot. Homes in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 2.63% lower than the current median priced home. 5351 Cedar Ave was last sold on April 10, 2018 for $740,000. Local nearby listings include 4505 California Ave #306, 4505 California Ave #403 and 21 W Adams St. The average home in Long Beach, CA is selling in 57 days. There are currently 534 homes for sale in the Long Beach real estate market and 300 of them are single family homes while 219 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 5351 Cedar Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5351 Cedar Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1948
Sq. Ft.: 2,136
Lot Size: 6,957
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 80,81
APN: 7131-001-042

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$689,990

Median List Price/Sq.Ft.

$518

Median Sold Price

$680,000

Median Sold Price/Sq.Ft.

$605

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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(714) 706-1823

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