NOT LISTED FOR SALE

1755 Cedar Ave Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $1,245,000 - $1,665,000

12 Beds
4 Baths
4,104 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2018

Last sale price $1,050,000 $256 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $9,025 / mo

54 Days on Market

About This Home

As of August 2018

Perfect investment property or for owner occupant. Clean and upgraded 4plex close to Long beach Courthouse. There are four 3 bedroom, 1 bath units - all upgraded and rented. The complex is gated. There is room for 8 or more cars in the back with alley access. Gated complex. Close to restaurants, shops and public transportation.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 06/27/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Judd Matsunaga

LA Citywide Properties, LLC License #00771301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,504 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • 4,104 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5754
  • Assessor Parcel Number 7269036007

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $13,000
  • Operating Expense $5,400
  • Gross Income $80,400
  • Net Operating Income $75,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,504 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7269036007
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 255.85

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7504.00

Multi Family

  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 3000.00
  • Net Operating Income: 75400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 5400.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Census Tract: 5754.01
  • Tax Lot: 9
  • Tax Tract Number: 5754

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 24, 2019
Sold by
Bought by
Current Estimated Value
$1,427,527

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 20, 2018
Sold by
Bought by
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Judd Matsunaga
LA Citywide Properties, LLC
List Price
$1,049,000
Sold Price
$1,050,000
Premium/Discount to List
$1,000
0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Apr 17, 2018
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
$700,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 13, 2016
Sold by
Bought by
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Jaime Naranjo
United Real Estate Pacific States
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$487,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2002
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
$359,200
Interest Rate
7.25%

Purchase Details

Closed on
Nov 17, 2000
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
$298,775
Interest Rate
9.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
$1,050,000 First American Title Company
-- Stewart Title
$750,000 Fidelity National Title Co
-- First American Title Ins Co
$624,390 Landsafe Title
$453,000 --
$315,000 Lawyers Title Company
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 $700,000
Previous Owner $487,500
Previous Owner $359,200
Previous Owner $298,775
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 Prior Sale
08/27/2018 08/27/18 Sold $1,050,000 +0.1% $256 / Sq Ft
08/12/2018 08/12/18 For Sale $1,049,000 -0.1% $256 / Sq Ft
07/23/2018 07/23/18 Off Market $1,050,000 -- --
06/19/2018 06/19/18 For Sale $1,049,000 +39.9% $256 / Sq Ft
01/20/2016 01/20/16 Sold $750,000 +3.4% $183 / Sq Ft View Prior Sale
12/01/2015 12/01/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $725,000 -- $177 / 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 $15,951 $1,171,290 $446,205 $725,085
2024 $15,264 $1,148,324 $437,456 $710,868
2023 $15,009 $1,125,809 $428,879 $696,930
2022 $14,099 $1,103,735 $420,470 $683,265
2021 $13,810 $1,082,094 $412,226 $669,868
2019 $13,614 $1,050,000 $400,000 $650,000
2018 $10,154 $780,300 $312,120 $468,180
2017 $10,048 $765,000 $306,000 $459,000
2016 $6,191 $478,506 $260,058 $218,448
2015 $5,954 $471,319 $256,152 $215,167
2014 $5,930 $462,088 $251,135 $210,953
Source: Public Records

Agents Affiliated with this Home

  • Costanza Genoese Zerbi

    Seller's Agent in 2018

    Costanza Genoese Zerbi

    eXp Realty of Greater Los Angeles

    (562) 221-4527

    3 in this area

    295 Total Sales

    Costanza Genoese Zerbi
    Section Image

  • J

    Buyer's Agent in 2018

    Judd Matsunaga

    LA Citywide Properties, LLC

    (310) 348-7235

    37 Total Sales

    Judd Matsunaga
    Section Image

  • J

    Seller's Agent in 2016

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    5 Total Sales

    John Chelius
    Section Image

  • J

    Buyer's Agent in 2016

    Jaime Naranjo

    United Real Estate Pacific States

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18149918

California Regional Multiple Listing Service (CRMLS)

APN: 7269-036-007

California Los Angeles County Long Beach 90813 Washington School

1755 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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