NOT LISTED FOR SALE

1701 Cedar Ave Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $1,076,000 - $1,439,000

12 Beds
6 Baths
3,798 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2014

Last sale price $645,000 $170 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,692 / mo

80 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Garage
  • Corner Lot
  • Laundry Room
  • East Facing Home

About This Home

As of March 2014

WOW WOW WOW...4 UNITS, Great Bedroom & Bathroom Count, Attractive 2 Story Building, Stucco/Wood Standard Construction, Comp Roof, 2 Garages Plus Additional Parking, Corner Lot...Great Cash Flow Building.

Last Agent to Sell the Property

Thomas Applegate

Re/Max R. E. Specialists License #00606100 Listed on: 11/22/2013

Re/Max R. E. Specialists

Last Buyer's Agent

Young Kim

Koinos Real Estate Group License #01886738

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,140 Sq Ft Lot
  • Lot Dimensions are 75 x 55
  • Two or More Common Walls
  • East Facing Home
  • Corner Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Parking Lot

Home Design

  • 3,798 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Asphalt Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1920 / 3
  • Assessor Parcel Number 7269036025

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $63,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,140 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: RLB4N
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7269036025
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 169.83

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 75 x 55
  • Lot Size Sq Ft: 4140.00
  • Lot Size Acres: 0.0950

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63660.00
  • Gross Scheduled Income: 63660.00
  • Lot Size Area: 4140.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5305.00

Tax Info

  • Tax Block: 3
  • Tax Lot: 1920
  • Tax Tract Number: 00000
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2014
Sold by
Bought by
Current Estimated Value
$1,243,326

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 24, 2014
Sold by
Bought by
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Young Kim
Koinos Real Estate Group
List Price
$670,000
Sold Price
$645,000
Premium/Discount to List
-$25,000
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$295,000
Interest Rate
0.0434%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 16, 2014
Sold by
Bought by
Seller's Agent
Thomas Applegate
Re/Max R. E. Specialists
Buyer's Agent
Young Kim
Koinos Real Estate Group
List Price
$670,000
Sold Price
$645,000
Premium/Discount to List
-$25,000
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
0.0434%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0611%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2005
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$645,000 Old Republic Title Company
-- Old Republic Title Company
-- None Available
-- None Available
$435,500 Old Republic Title Company
-- Lawyers Title Company
$590,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $295,000
Previous Owner $435,500
Previous Owner $100,000
Previous Owner $435,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $645,000 -3.7% $170 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $670,000 -- $176 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,238 $790,672 $306,461 $484,211
2024 $10,731 $775,169 $300,452 $474,717
2023 $10,541 $759,970 $294,561 $465,409
2022 $9,908 $745,070 $288,786 $456,284
2021 $9,688 $730,462 $283,124 $447,338
2020 $9,662 $722,973 $280,221 $442,752
2019 $9,549 $708,798 $274,727 $434,071
2018 $9,279 $694,901 $269,341 $425,560
2016 $8,534 $667,919 $258,883 $409,036
2015 $8,202 $645,000 $250,000 $395,000
2014 $6,807 $526,494 $210,597 $315,897
Source: Public Records

Agents Affiliated with this Home

  • Thomas Applegate

    Seller's Agent in 2014

    Thomas Applegate

    RE/MAX

    (562) 754-2008

    59 Total Sales

    Thomas Applegate
    Section Image
  • Young Kim

    Buyer's Agent in 2014

    Young Kim

    Koinos Real Estate Group

    (949) 292-1537

    67 Total Sales

    Young Kim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13236671

California Regional Multiple Listing Service (CRMLS)

APN: 7269-036-025

California Los Angeles County Long Beach 90813 Washington School

1701 Cedar Ave, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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