NOT LISTED FOR SALE

1927 Cedar Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $1,015,000 - $1,260,164

6 Beds
3 Baths
3,554 Sq Ft
$315/Sq Ft Est. Value

Sale Details

Date Sold: November 27, 2018

Last sale price $675,000 $190 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,892 / mo

15 Days on Market

About This Home

As of November 2018

Great opportunity to live in one unit and collect rent on the other unit. Front spacious duplex is a two story unit. Back unit is a single story with 1 car garage attached.

Last Agent to Sell the Property

David Dumalski

White Realty Associates License #00657189 Listed on: 10/03/2018

Last Buyer's Agent

Kevin Fitzpatrick

Coldwell Banker Realty License #01209671

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,150 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 3,554 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5501
  • Assessor Parcel Number 7209026022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,085
  • Maintenance Expense $4,400
  • Pest Control $200
  • Professional Management Expense $2,640
  • Trash Expense $765
  • Water Sewer Expense $1,030
  • New Taxes Expense $7,488
  • Operating Expense $18,808
  • Gross Income $44,400
  • Net Operating Income $25,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

8,150 Sq Ft Lot

Parking

1

Listing Details

  • Professional Management Expense: 2640.00
  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1030.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7209026022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 189.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 765.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8150.00
  • Lot Size Acres: 0.1871

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44400.00
  • Gross Operating Income: 42668.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1085.00
  • Lot Size Area: 8150.0000 Square Feet
  • Maintenance Expense: 4400.00
  • Maintenance Percent: 10.00
  • Net Operating Income: 25592.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18808.00
  • Rent Control: No
  • Total Expenses: 18808.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7488.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 18
  • Tax Tract Number: 5501

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

Listed on
Oct 3, 2018
Closed on
Oct 23, 2018
Sold by
Bought by
Seller's Agent
David Dumalski
White Realty Associates
Buyer's Agent
Kevin Fitzpatrick
Coldwell Banker Realty
List Price
$599,900
Sold Price
$675,000
Premium/Discount to List
$75,100
12.52%
Current Estimated Value
$1,117,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,791
Avg. Annual Appreciation
6.90%
Original Mortgage
$472,500
Outstanding Balance
$415,501
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$702,290

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2006
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
$595,000
Interest Rate
8.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 2004
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
$522,405
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 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
$110,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 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
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 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
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
$675,000 Provident Title Company
$242,000 Fidelity National Title Co
$544,919 Lsi Title Company Ca
-- New Century Title Co
$550,000 Fidelity Van Nuys
-- --
-- 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 $472,500
Previous Owner $595,000
Previous Owner $522,405
Previous Owner $110,000
Previous Owner $100,000
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
11/27/2018 11/27/18 Sold $675,000 +12.5% $190 / Sq Ft
10/18/2018 10/18/18 For Sale $599,900 -11.1% $169 / Sq Ft
10/15/2018 10/15/18 Off Market $675,000 -- --
10/03/2018 10/03/18 For Sale $599,900 -- $169 / 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 $10,257 $752,970 $390,429 $362,541
2024 $9,845 $738,207 $382,774 $355,433
2023 $9,684 $723,733 $375,269 $348,464
2022 $9,101 $709,543 $367,911 $341,632
2021 $8,912 $695,632 $360,698 $334,934
2020 $8,887 $688,500 $357,000 $331,500
2019 $8,786 $675,000 $350,000 $325,000
2018 $5,025 $384,793 $226,350 $158,443
2017 $4,972 $377,249 $221,912 $155,337
2016 $4,599 $369,853 $217,561 $152,292
2015 $4,420 $364,299 $214,294 $150,005
2014 $4,396 $357,164 $210,097 $147,067
Source: Public Records

Agents Affiliated with this Home

  • David Dumalski

    Seller's Agent in 2018

    David Dumalski

    White Realty Associates

    (562) 631-1422

    41 Total Sales

    David Dumalski
    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Fitzpatrick

    Coldwell Banker Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18243266

California Regional Multiple Listing Service (CRMLS)

APN: 7209-026-022

California Los Angeles County Long Beach 90806 South Wrigley

1927 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.