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746 Cedar Ave, Long Beach, CA 90813
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746 Cedar Ave Long Beach, CA 90813

$932,500 Sold Price as of 04/21/2023
  • 4 Beds
  • 3 Baths
  • 2,380 Sq.Ft.
Sold
$932,500 Sold Price as of 04/21/2023 Refinance Your Mortgage
Map preview of 746 Cedar Ave, Long Beach, CA 90813

Property Overview: 746 Cedar Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,380 living square feet and 7,517 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very desirable rental area in Long Beach. Beautiful Victorian home in the front and two new units in the rear off alley. Front house has 2 bedrooms and one bath, nice size backyard. Rear two-bedroom, one bath unit is above three, one car garages. The studio unit is next to the garages. NOTE, the studio unit may be unpermitted. Buyer should confirm with City. Rents are way below market, offering a huge upside. Very easy property to manage.

Listed by MARK PAULSON | BRE #00548003 | ANTHONY VENTI REALTORS
Last checked: 3 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
7,517
HOA Dues
$0/mo
Year built
1902
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
WS23031761
City
Long Beach
County
Los Angeles
Time on Site
573 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,500
  • Net Operating Income: $33,216
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,284
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,000
  • Trash: $480
  • Gardener: $1,200
  • Insurance: $1,134
  • Water/Sewer: $1,470

Property Details for 746 Cedar Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Shed(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7272020006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: North of 7th Street - West of Pacific Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 746 Cedar Ave

Last sold for $932,500 on April 21st, 2023

  • April, 2023

  • Apr 21, 2023

    Date

    Sold

    CRMLS: WS23031761

    $932,500

    Price

  • Feb 24, 2023

    Date

    Active

    CRMLS: WS23031761

    $975,000

    Price

  • July, 2014

  • Jul 30, 2014

    Date

    Sold (Public Records)

    Public Records

    $584,500

    Price

  • March, 2014

  • Mar 6, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 746 Cedar Ave

Assessed Value (2020): $642,327
Year Land Value Improved Value Assessed Value
2020 $450,563 $191,764 $642,327

Home Value Compared to the Market

This property vs the competition

746 Cedar Ave sold on April 21, 2023 for 19.05% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $409.66 per/sqft which puts the price per square foot 34.77% lower than the current median sale per square foot for the city of Long Beach.

About 746 Cedar Ave

Detailed summary of property

746 Cedar Ave is a triplex that recently sold in Long Beach, CA 90813. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,380 living square feet, and sits on an approximately 7,517 square foot lot. 746 Cedar Ave was first listed on ArdentRealEstateGroup.com on February 24, 2023. The homeowner sold the property for $932,500. Home 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 19.05% higher than the current median priced home. Local homes that are currently for sale include 1640 E Erie St, 1746 E Florida St and 1122 Cherry Ave. While the average home in Long Beach, CA is selling in 62 days, 746 Cedar Ave has a days on market of 36 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. For more information on this home for sale at 746 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 746 Cedar Ave

Public county record property details
Beds
6
Baths
4
Year built
1902
Sq. Ft.
2,380
Lot Size
7,516
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,8
APN
7272-020-006

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
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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

Homes for Sale Near 746 Cedar Ave

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Recently Sold Homes Near 746 Cedar Ave

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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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