NOT LISTED FOR SALE

1977 Cedar Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $739,532 - $861,000

3 Beds
3 Baths
1,704 Sq Ft
$475/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2012

Last sale price $281,000 $165 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,802 / mo

275 Days on Market

About This Home

As of May 2012

NICE!! TRIPLEX ONE: 2 Bedrooms 1 Bath SECOND: Single THIRD: One Bedroom One Bath, Nice Yard, Two Car garage. APPROVED, APPROVED, APPROVED,Bring your buyer's ready to close!!!!

Last Agent to Sell the Property

Michael Aviles

A First Choice Financial Group License #01308535 Listed on: 08/10/2011

Last Buyer's Agent

Jorge Rico

Rico and Rico Realty and Assoc License #01842469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,285

Parking

  • 2 Car Garage

Home Design

  • 1,704 Sq Ft Home
  • Pre-Cast Concrete Construction

Additional Features

  • 5,285 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Assessor Parcel Number 7209026010

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,250
  • Net Operating Income $25,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

5,285 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 9.18
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7209026010
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 164.91

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5285.00
  • Lot Size Acres: 0.1210

Multi Family

  • Gross Income: 2250.00
  • Gross Multiplier: 10.41
  • Gross Scheduled Income: 27000.00
  • Lot Size Area: 5285.0000 Square Feet
  • Net Operating Income: 25800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Other Expense Description: 600

Tax Info

  • Tax Area: 5501
  • Tax Block: 3
  • Tax Lot: 6

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
Mar 18, 2020
Sold by
Bought by
Current Estimated Value
$809,383

Purchase Details

Closed on
Mar 14, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2020
Sold by
Bought by

Purchase Details

Closed on
May 9, 2019
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2017
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
$80,000
Outstanding Balance
$39,847
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$769,536

Purchase Details

Closed on
Oct 9, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2012
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
$273,876
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 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
$344,500
Interest Rate
6.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 1999
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
$182,976
Interest Rate
7.24%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1998
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
$98,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 23, 1998
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
$98,000
Interest Rate
6.88%
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
-- First American Title Company
-- First American Title Company
-- First American Title Company
-- None Available
-- Chicago Title Company
-- Chicago Title Company
-- None Available
$281,000 Old Republic Title Co
-- Southland Title Corporation
$184,500 South Coast Title
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
$115,000 Commonwealth Land Title Co
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 $80,000
Previous Owner $273,876
Previous Owner $344,500
Previous Owner $182,976
Previous Owner $98,000
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
05/15/2012 05/15/12 Sold $281,000 +40.5% $165 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
08/10/2011 08/10/11 For Sale $200,000 -- $117 / 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 $5,170 $352,937 $188,401 $164,536
2024 $4,937 $346,017 $184,707 $161,310
2023 $4,850 $339,234 $181,086 $158,148
2022 $4,566 $332,584 $177,536 $155,048
2021 $4,466 $326,063 $174,055 $152,008
2020 $4,454 $322,721 $172,271 $150,450
2019 $4,403 $316,394 $168,894 $147,500
2018 $4,208 $310,191 $165,583 $144,608
2016 $3,874 $298,148 $159,154 $138,994
2015 $3,725 $293,671 $156,764 $136,907
2014 $3,714 $287,920 $153,694 $134,226
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Aviles

    A First Choice Financial Group

    (714) 761-1900

    19 Total Sales

    Michael Aviles
    Section Image

  • J

    Buyer's Agent in 2012

    Jorge Rico

    Rico and Rico Realty and Assoc

    (562) 904-0485

    48 Total Sales

    Jorge Rico
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P792533

California Regional Multiple Listing Service (CRMLS)

APN: 7209-026-010

California Los Angeles County Long Beach 90806 South Wrigley

1977 Cedar Ave, Long Beach, CA

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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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