Seller's Agent in 2014
Jeff Anderson
eXp Realty of California Inc
(562) 261-0310
1 in this area
297 Total Sales
2066 Cedar Ave Long Beach, CA 90806
South Wrigley Neighborhood
8
Beds
6
Baths
4,668
Sq Ft
4,700
Sq Ft Lot
Highlights
- Contemporary Architecture
- No HOA
- West Facing Home
- Wood Flooring
About This Home
As of July 2014Have you been looking to enlarge your Real Estate investment portfolio? 2066 Cedar Street could be the cash cow that you have been looking for – especially considering the significant upside income potential! Situated in very desirable rental area within the Wrigley historic neighborhood, this well landscaped six unit apartment building is well maintained & fully occupied waiting for its new owner! Composed of four one bedroom, one bath units & two expansive two bedroom, one bath units, this building has an easily rentable mix. The updated units feature large integrated living & dining rooms unified by gleaming hardwood flooring throughout. Within the updated units, the kitchens are upgraded with granite counters, plentiful warm wooden cabinetry, stainless steel appliances, convenient pantries, & generous easy to maintain tile flooring. A hallmark of the building is the large, light filled bedrooms & bright bathrooms, some complete with separate vanity areas. With four separate one car garages & plentiful street parking, tenant’s parking needs are met. The on-site laundry room has the capacity to generate even more income. Additionally, each of the spacious units are separately metered for electric & gas. Make this apartment building yours today!
Last Agent to Sell the Property
eXp Realty of California Inc License #01729514 Listed on: 06/09/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 4,700 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 4,668 Sq Ft Home
- Contemporary Architecture
- Property Attached
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry in unit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 5
- Tax Tract Number 5161
- Assessor Parcel Number 7209024004
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Electric Expense $480
- Insurance Expense $2,452
- Trash Expense $948
- Water Sewer Expense $1,896
- New Taxes Expense $8,024
- Gross Income $5,725
- Net Operating Income $54,552
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
Jun 9, 2014
Closed on
Jun 12, 2014
Sold by
Bought by
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$829,900
Sold Price
$815,000
Premium/Discount to List
-$14,900
-1.8%
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
Interest Rate
0.0413%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 26, 2011
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
$290,000
Interest Rate
0.0415%
Mortgage Type
Commercial
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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 |
|---|---|---|---|
| $815,000 | Fidelity National Title Co | ||
| $600,000 | Advantage Title 365 |
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 | $325,545 | ||
| Closed | $390,000 | ||
| Previous Owner | $440,000 | ||
| Previous Owner | $290,000 |
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 |
|---|---|---|---|---|
| 07/31/2014 07/31/14 | Sold | $815,000 | -1.8% | $175 / Sq Ft |
| 06/06/2014 06/06/14 | Pending | -- | -- | -- |
| 02/13/2014 02/13/14 | For Sale | $829,900 | -- | $178 / 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 | $13,730 | $979,497 | $300,457 | $679,040 |
| 2024 | $13,125 | $960,292 | $294,566 | $665,726 |
| 2023 | $12,897 | $941,464 | $288,791 | $652,673 |
| 2022 | $12,121 | $923,005 | $283,129 | $639,876 |
| 2021 | $11,856 | $904,908 | $277,578 | $627,330 |
| 2019 | $11,686 | $878,070 | $269,346 | $608,724 |
| 2018 | $11,347 | $860,854 | $264,065 | $596,789 |
| 2016 | $10,430 | $827,428 | $253,812 | $573,616 |
| 2015 | $10,021 | $815,000 | $250,000 | $565,000 |
| 2014 | $7,876 | $614,777 | $256,157 | $358,620 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Anderson
-
Torey Carrick
Seller Co-Listing Agent in 2014
Torey Carrick
eXp Realty of California Inc
(562) 608-3690
1 in this area
88 Total Sales
-
Spencer Pabst
Buyer's Agent in 2014
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
3 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14031189
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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