Seller's Agent in 2022
Steve Schloeder
Bonanza Realty
(310) 308-3248
1 in this area
32 Total Sales
1329 Cedar Ave Long Beach, CA 90813
Washington School NeighborhoodEstimated Value: $1,621,259 - $1,926,000
8
Beds
6
Baths
4,471
Sq Ft
$397/Sq Ft
Est. Value
Highlights
- Laundry Room
- Level Lot
- 3-minute walk to 14th Street Park
About This Home
As of May 20226 unit investment opportunity consisting of 5 one bedroom one bath units and 1 three bedroom one bath unit. Spacious units 4471 sqft total, nice size lot, wide with greasy areas 7463 sqft, 5 garages off alley with access. Individual gas & electric meters, two level walk up style with pitched roof, Drive by only do not walk property or disturb tenants.
Last Agent to Sell the Property
Bonanza Realty License #00612682 Listed on: 01/27/2022
Last Buyer's Agent
Sam Alherech
Buckingham Investments, Inc License #02148135
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 7,463 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 5 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 4,471 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 7
- Assessor Parcel Number 7269042022
Community Details
Overview
- 2 Buildings
- 6 Units
- Downtown Subdivision
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $100
- Insurance Expense $1,975
- Maintenance Expense $3,240
- Trash Expense $840
- Water Sewer Expense $3,000
- New Taxes Expense $15,625
- Operating Expense $25,030
- Gross Income $89,045
- Net Operating Income $84,470
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2014
Closed on
Sep 30, 2014
Sold by
Ushakoff George
Bought by
Saint Mina Llc
Seller's Agent
Byron Field
Keller Williams Larchmont
Buyer's Agent
Byron Field
Keller Williams Larchmont
List Price
$685,000
Sold Price
$657,000
Premium/Discount to List
-$28,000
-4.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,630
Avg. Annual Appreciation
9.23%
Purchase Details
Closed on
Jul 31, 2003
Sold by
Ushakoff Kimberlee
Bought by
Ushakoff George
Purchase Details
Closed on
Apr 24, 2003
Sold by
Hunt Brian J and Hunt Maria Fabiola
Bought by
Ushakoff George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2001
Sold by
Hunt Brian J and Hunt Irma
Bought by
Reyes Nancy Lena
Purchase Details
Closed on
Feb 11, 2000
Sold by
Hunt Brian J
Bought by
Hunt Brian J and Hunt Maria Fabiola
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saint Mina Llc | $657,000 | First American Title | |
| Ushakoff George | -- | Fidelity National Title Ins | |
| Ushakoff George | $451,000 | Fidelity National Title Ins | |
| Reyes Nancy Lena | $13,481 | Orange Coast Title | |
| Hunt Brian J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ushakoff George | $338,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/03/2022 05/03/22 | Sold | $1,550,000 | +6.9% | $347 / Sq Ft | |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- | |
| 02/07/2022 02/07/22 | For Sale | $1,450,000 | -6.5% | $324 / Sq Ft | |
| 02/04/2022 02/04/22 | Off Market | $1,550,000 | -- | -- | |
| 01/27/2022 01/27/22 | For Sale | $1,450,000 | +120.7% | $324 / Sq Ft | |
| 10/08/2014 10/08/14 | Sold | $657,000 | -4.1% | $147 / Sq Ft | View Prior Sale |
| 09/29/2014 09/29/14 | Pending | -- | -- | -- | |
| 07/30/2014 07/30/14 | For Sale | $685,000 | -- | $153 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $21,224 | $1,644,872 | $1,061,208 | $583,664 |
| 2024 | $21,224 | $1,612,620 | $1,040,400 | $572,220 |
| 2023 | $20,864 | $1,581,000 | $1,020,000 | $561,000 |
| 2022 | $10,002 | $744,064 | $283,129 | $460,935 |
| 2021 | $9,777 | $729,476 | $277,578 | $451,898 |
| 2019 | $9,637 | $707,842 | $269,346 | $438,496 |
| 2018 | $9,346 | $693,964 | $264,065 | $429,899 |
| 2017 | $9,248 | $680,358 | $258,888 | $421,470 |
| 2016 | $8,592 | $667,018 | $253,812 | $413,206 |
| 2015 | $8,260 | $657,000 | $250,000 | $407,000 |
| 2014 | -- | $523,075 | $223,843 | $299,232 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Schloeder
-
S
Buyer's Agent in 2022
Sam Alherech
Buckingham Investments, Inc
-
B
Seller's Agent in 2014
Byron Field
Keller Williams Larchmont
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22016442
APN: 7269-042-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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