1527 Cedar Avenue

Long Beach, CA 90813

$1,000,000
Last Sold Price
Beds
3,013 Sq. Ft.
$332 / Sq. Ft.
3,013
Sq. Ft.
$332
per Sq. Ft.

Description

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.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.

Property Details for 1527 Cedar Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3013
Assessor Parcel Number
7269-039-020
Property Attached YN
true

Location

Sold By Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren, DRE #02060007

Add your commute
LISTING UPDATED: 05/25/2021 07:22 AM

Property Details for 1527 Cedar Avenue

StatusClosed
MLS #PTP2100047
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.12 AC / 5,287 SF
CountyLos Angeles County

Location

Sold By Lyon Stahl Investment Real Estate, Inc., Christopher Van Vuuren, DRE #02060007

Add your commute

Building Information for 1527 Cedar Avenue

Stories1Residences-Year Built1953Building Size-Lot Size0.12 AC / 5,287 SF

Payment Calculator

$6,626 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1527 Cedar Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $70,000
  • Gross Scheduled Income: $70,000
  • Net Operating Income: $41,000
  • Cap Rate: 21.0
Expense Details
  • Operating Expense: $20,956
  • New Taxes Expense: $8,448
  • Fuel Expense: $100
  • Insurance Expense: $2,030
  • Professional Management Expense: $0
  • Trash Expense: $80
  • Water Sewer Expense: $200
  • Total Expenses: $20,956
Tax / Assessment Info
  • Tax Tract Number: 726903
  • Tax Lot: 7269-039-020
Community / Development
Community / Development
  • Community Features: Curbs, Suburban, Urban, Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Washer Hookup, Washer Included
Exterior Features
  • Pool Features: No Permits
  • Pool Description: No Permits
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1527 Cedar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1527 Cedar Avenue

Taxable ValueLand$416,160Additions$624,240Total$1,040,400
Tax Record2023$14,022 ($1,169 / month)
Home Facts
Total Finished SqFt3,013 SqFtAbove Grade Finished SqFt3,013 SqFtLot Size5,288 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLBR4NCountyLOS ANGELESAPN7269-039-020

Schools near 1527 Cedar Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lafayette Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.