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Sold for $1,682,500 on 11/08/24
    • Listing Provided by: 

    Jeff Stearman DRE #00932282 949-412-5333,

    Keller Williams OC Coastal Realty

    Bought with: Keller Williams OC Coastal Realty
    $1,682,500

    1425 Cedar Ave, Long Beach, CA 90813

    12beds
    9baths
    6,222sqft
    Multi Family
    Built in 1953
    -- sqft lot
    $2,009,800 Zestimate®
    $270/sqft
    $1,908 Estimated rent

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    What's special

    The subject property is a 10-unit two-story walk-up style building, with 6,222 square feet. There are 8 one-bedroom/one-bath units plus 2 two-bedroom/one-bath units. All units have separate gas and electric meters. The building also contains 4 garages plus a coin-opearated on-site laundry both of which yield extra income. Great location close to middle school, shopping, public transit, close to downtown Long Beach and Beaches.This property always stays rented and is currently 100% occupied. This is an Investors dream, easy to rent and easy maintenance.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 07:30pm

    Listing Provided by:

    Jeff Stearman DRE #00932282 949-412-5333,

    Keller Williams OC Coastal Realty

    Bought with:

    Jeff Stearman, DRE #00932282

    Keller Williams OC Coastal Realty

    Source: CRMLS,MLS#: OC24166043MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 9
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Free-Standing Range, Refrigerator, Water Heater
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,222
    • Total interior livable area: 6,222 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: None, Off Site
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,691 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 7269041021
    • Zoning: LBR4N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Park, Street Lights, Sidewalks, Urban
    Location
    • Region: Long Beach
    • Subdivision: Other

    HOA & financial

    Other financial information
    • Total actual rent: 13225

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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    Estimated market value
    $2,009,800

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