NOT LISTED FOR SALE

1146 Cedar Ave Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $921,000 - $1,295,000

5 Beds
4 Baths
2,394 Sq Ft
$450/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $830,000 $347 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,607/month

14 Days on Market

Highlights

  • 0.17 Acre Lot
  • Central Heating and Cooling System
  • 3 Car Garage
  • Laundry Room

About This Home

As of January 2020

Classic Remodeled Long Beach Duplex in the Historic Wilmore District. Great location close to downtown, iconic neighborhood with close proximity to the beach & downtown, yet convenient to restaurants, schools, shopping & freeway access. The main home features 4 bedrooms with (One downstairs) 1894 Sq. Ft., 3 upgraded bathrooms, Upstairs laundry room, upgraded kitchen with quartz counters and subway tile back splash, new appliances, light and bright, LED lighting, new windows, upgraded electric panel, New AC unit, new flooring and fresh paint throughout interior and exterior. The second home 500 Sq. Ft. is one story with two bedrooms and one upgraded bathroom, living room, remodeled kitchen with quartz counters, New air/heat split system, tankless water heater system, new flooring, new windows, doors, new sink and faucet, remodeled cabinets, new stainless steel kitchen hood. Front Parking is extended with long driveway and a one car garage, Home in rear has two separate garage units accessible from rear of property. Large landscaped rear yard with new sod and trees and automatic water system. These homes are ready as a great investment and/or to be your home sweet home.

Last Agent to Sell the Property

Randy Conrad

Patron Realty Group License #01265321 Listed on: 12/14/2019

Co-Listed By

Chris Evans

Centennial Realty Group License #01431563

Last Buyer's Agent

Avraham Karshmer

Endeavor Realty, Inc License #01924574

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,448 Sq Ft Lot
  • No Common Walls
  • Irregular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4
  • Assessor Parcel Number 7272005006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Willmore District (WM)
  • Zoning: LBPD10
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7272005006
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 346.70

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Paved, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Irregular Lot
  • Lot Size Sq Ft: 7448.00
  • Lot Size Acres: 0.1710

Multi Family

  • Lot Size Area: 7448.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Other Income Description: Rent ready
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5758.03
  • Tax Lot: 5
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2019
Closed on
Jan 6, 2020
Sold by
The House Team Inc
Bought by
Karshmer Avraham and Karshmer Judith
Seller's Agent
Randy Conrad
Patron Realty Group
Buyer's Agent
Avraham Karshmer
Endeavor Realty, Inc
List Price
$829,990
Sold Price
$830,000
Premium/Discount to List
$10
0.001%
Current Estimated Value
$1,076,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,565
Avg. Annual Appreciation
4.51%
Original Mortgage
$664,000
Outstanding Balance
$587,799
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$488,766

Purchase Details

Closed on
Aug 28, 2019
Sold by
Tonthat Sean P and Tonthat Tanya C
Bought by
The House Team Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,400
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2006
Sold by
Cao Peter T and Cao Mat T
Bought by
Tonthat Son Phuoc and Tonthat Lethanh Cao
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karshmer Avraham $830,000 Orange Coast Title Company
The House Team Inc $542,000 Orange Coast Title
Tonthat Son Phuoc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karshmer Avraham $664,000
Previous Owner The House Team Inc $562,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $830,000 0.0% $347 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/14/2019 12/14/19 For Sale $829,990 -- $347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,594 $401,000 $261,000 $140,000
2024 $11,594 $889,924 $578,987 $310,937
2023 $11,402 $872,476 $567,635 $304,841
2022 $10,704 $855,369 $556,505 $298,864
2021 $10,493 $838,598 $545,594 $293,004
2020 $8,905 $700,000 $455,000 $245,000
2019 $3,057 $218,472 $98,310 $120,162
2018 $2,892 $214,189 $96,383 $117,806
2016 $2,648 $205,875 $92,642 $113,233
2015 $2,547 $202,784 $91,251 $111,533
2014 $2,540 $198,813 $89,464 $109,349
Source: Public Records

Agents Affiliated with this Home

  • Randy Conrad

    Seller's Agent in 2020

    Randy Conrad

    Patron Realty Group

    (661) 373-1881

    67 Total Sales

    Randy Conrad
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Chris Evans

    Centennial Realty Group

    Section Image

  • A

    Buyer's Agent in 2020

    Avraham Karshmer

    Endeavor Realty, Inc

    (714) 846-2207

    4 Total Sales

    Avraham Karshmer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19280301

California Regional Multiple Listing Service (CRMLS)

APN: 7272-005-006

California Los Angeles County Long Beach 90813 Willmore

1146 Cedar Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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