W
Seller's Agent in 2018
William Smith
Bryant Drive Properties, Inc.
(562) 607-8580
6 Total Sales
1911 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $795,000 - $1,041,000
5
Beds
3
Baths
2,100
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Granite Countertops
- Central Heating and Cooling System
- Spanish Architecture
- Coffered Ceiling
- Wood Fence
About This Home
As of January 2018****MAJOR PRICE REDUCTION: HURRY AT THIS PRICE IT WILL NOT LAST LONG**** Investors are you looking for positive cash flow? This property will generate POSITIVE cash flow of OVER 7.5% (30% down) based upon realistic pro-forma rents ($2,600 for front house and $1,750 for back apt). This 2 on a lot has TWO separate garages on a huge 8,150 s.f lot. The lot is zoned R-2. The front house was built in 1926 and contains three bedrooms, a small den off the living room, one full bath and a powder room (both with a large skylight). There is a detached garage that can park two cars tandem (front to back) with washer and dryer hook ups. The front house has been significantly upgraded: new kitchen, new full bath, new powder room, new roof and skylights, new forced heat and air conditioning, new electrical service, drought tolerant landscaping in front with low flow irrigation, and new paint (interior and exterior). The non-conforming back house (originally a laundry room and workshop, built in the 1940s, that was converted into a 650 s.f 2/1 apartment by previous owners) is rent ready and comes with its own detached two car garage with alley access (huge selling feature for renters is this area). Another option is to live in one and rent the other out to significantly lower your monthly mortgage payment. Compare to recent sales comp at 1935 Cedar - sold for $615K - smaller property with 25% less rent potential!
Last Agent to Sell the Property
Bryant Drive Properties, Inc. License #01431853 Listed on: 10/14/2017
Last Buyer's Agent
Santanya Livsey
Redfin License #01906834
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 8,150 Sq Ft Lot
- Lot Dimensions are 50x163
- No Common Walls
- Wood Fence
- Fence is in average condition
Parking
- 4 Car Garage
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Driveway
Home Design
- Spanish Architecture
- Bitumen Roof
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Coffered Ceiling
- Living Room with Fireplace
- Laundry in Garage
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 26
- Assessor Parcel Number 7209026026
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $600
- Gardener Expense $1,500
- Insurance Expense $1,000
- Trash Expense $600
- Water Sewer Expense $300
- New Taxes Expense $9,000
- Operating Expense $13,000
- Net Operating Income $39,200
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
Aug 10, 2021
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$331,949
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$610,044
Purchase Details
Listed on
Oct 14, 2017
Closed on
Dec 13, 2017
Sold by
Bought by
Seller's Agent
William Smith
Bryant Drive Properties, Inc.
Buyer's Agent
Santanya Livsey
Redfin
List Price
$719,900
Sold Price
$630,000
Premium/Discount to List
-$89,900
-12.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$504,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 16, 2017
Closed on
Apr 27, 2017
Sold by
Bought by
Seller's Agent
Connie Wildasinn
WGroup Realtors
Buyer's Agent
William Smith
Bryant Drive Properties, Inc.
List Price
$399,000
Sold Price
$417,000
Premium/Discount to List
$18,000
4.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.46%
Purchase Details
Closed on
Jul 2, 2003
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
$278,100
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 2003
Sold by
Bought by
Purchase Details
Closed on
Aug 13, 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
$100,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 1, 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
$100,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 8, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | New Title Company Name | ||
| $630,000 | Chicago Title Company | ||
| $417,000 | Chicago Title Company | ||
| $315,000 | Fidelity National Title Co | ||
| -- | -- | ||
| -- | American Title | ||
| -- | American 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 |
|---|---|---|---|
| Open | $440,000 | ||
| Previous Owner | $504,000 | ||
| Previous Owner | $278,100 | ||
| Previous Owner | $100,000 |
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 |
|---|---|---|---|---|---|
| 01/08/2018 01/08/18 | Sold | $630,000 | 0.0% | $300 / Sq Ft | |
| 11/21/2017 11/21/17 | Price Changed | $629,900 | -4.5% | $300 / Sq Ft | |
| 11/06/2017 11/06/17 | Price Changed | $659,900 | -8.3% | $314 / Sq Ft | |
| 10/14/2017 10/14/17 | For Sale | $719,900 | +72.6% | $343 / Sq Ft | |
| 05/05/2017 05/05/17 | Sold | $417,000 | +4.5% | $287 / Sq Ft | View Prior Sale |
| 03/28/2017 03/28/17 | For Sale | $399,000 | -4.3% | $275 / Sq Ft | |
| 03/20/2017 03/20/17 | Off Market | $417,000 | -- | -- | |
| 03/16/2017 03/16/17 | For Sale | $399,000 | -- | $275 / 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 | $9,608 | $716,826 | $506,787 | $210,039 |
| 2024 | $9,194 | $702,771 | $496,850 | $205,921 |
| 2023 | $9,040 | $688,992 | $487,108 | $201,884 |
| 2022 | $8,490 | $675,483 | $477,557 | $197,926 |
| 2021 | $8,319 | $662,240 | $468,194 | $194,046 |
| 2020 | $8,221 | $655,451 | $463,394 | $192,057 |
| 2019 | $8,141 | $642,600 | $454,308 | $188,292 |
| 2018 | $5,442 | $425,340 | $340,272 | $85,068 |
| 2016 | $4,654 | $378,317 | $251,132 | $127,185 |
| 2015 | $4,469 | $372,635 | $247,360 | $125,275 |
| 2014 | $4,441 | $365,337 | $242,515 | $122,822 |
Source: Public Records
Agents Affiliated with this Home
-
William Smith
-
S
Buyer's Agent in 2018
Santanya Livsey
Redfin
-
Connie Wildasinn
Seller's Agent in 2017
Connie Wildasinn
WGroup Realtors
(562) 824-4846
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17236069
APN: 7209-026-026
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.
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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