NOT LISTED FOR SALE

2069 Cedar Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $1,231,000 - $1,266,693

4 Beds
4 Baths
3,072 Sq Ft
$407/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $830,000 $270 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,779/month

134 Days on Market

Highlights

  • No HOA
  • Water-Smart Landscaping
  • Back Yard
  • More Than Two Accessible Exits

About This Home

As of January 2018

3 MILES TO THE BEACH & DOWNTOWN!

Charismatic 1920s Spanish Colonial Revival style 4 units in Wrigley Village. Landscaped drought-tolerant front yard. Gated entry. Two entries available in each unit. 1 available downstairs unit (recently upgraded kitchen & bathroom). Close to freeways and Blue Line. Two 2-car garages (3 spaces currently included in rent). 3 long-term tenants.

Last Agent to Sell the Property

APRELLA JENKINS

Treehouse Realty Group INC. License #02004615 Listed on: 07/22/2017

Last Buyer's Agent

Heidi Davis

Keller Williams Larchmont License #01831924

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,329

Year Built

  • Built in 1928

Lot Details

  • 5,737 Sq Ft Lot
  • Desert faces the front of the property
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • Water-Smart Landscaping
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 5161
  • Assessor Parcel Number 7209025016

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $3,000
  • New Taxes Expense $3,150
  • Operating Expense $6,150
  • Gross Income $34,800
  • Net Operating Income $45,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,329

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 5th gas meter; may be used for laundry facility
  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 3000.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7209025016
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 270.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Desert Front
  • Lot Size Sq Ft: 5737.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 768 Square Feet
  • Gross Income: 34800.00
  • Gross Scheduled Income: 51600.00
  • Net Operating Income: 45450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6150.00
  • Rent Control: No
  • Total Expenses: 6150.00

Tax Info

  • New Taxes Expense: 3150.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 15
  • Tax Tract Number: 5161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2017
Closed on
Dec 19, 2017
Sold by
Wilson Aggelean and Wilson Family Living Trust
Bought by
Gold Charles Donald
Seller's Agent
APRELLA JENKINS
Treehouse Realty Group INC.
Buyer's Agent
Heidi Davis
Keller Williams Larchmont
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$1,248,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,923
Avg. Annual Appreciation
5.47%
Original Mortgage
$705,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Wilson Charles E and Wilson Aggelean
Bought by
Wilson Charles E and Wilson Aggelean
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Gold Charles Donald $830,000 Chicago Title Inland Empire
Wilson Charles E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Charles Donald $695,300
Closed Gold Charles Donald $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $830,000 -2.4% $270 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
09/23/2017 09/23/17 Price Changed $850,000 -2.9% $277 / Sq Ft
05/20/2017 05/20/17 For Sale $875,000 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $12,329 $944,394 $341,347 $603,047
2024 $12,329 $925,877 $334,654 $591,223
2023 $12,120 $907,724 $328,093 $579,631
2022 $11,382 $889,926 $321,660 $568,266
2021 $11,147 $872,477 $315,353 $557,124
2019 $10,988 $846,600 $306,000 $540,600
2018 $3,431 $229,558 $91,817 $137,741
2016 $3,150 $220,646 $88,252 $132,394
2015 $3,037 $217,333 $86,927 $130,406
2014 $3,039 $213,077 $85,225 $127,852
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    APRELLA JENKINS

    Treehouse Realty Group INC.

    (951) 466-2116

    4 Total Sales

    APRELLA JENKINS
    Section Image
  • Heidi Davis

    Buyer's Agent in 2018

    Heidi Davis

    Keller Williams Larchmont

    (213) 819-1289

    56 Total Sales

    Heidi Davis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17169760

California Regional Multiple Listing Service (CRMLS)

APN: 7209-025-016

California Los Angeles County Long Beach 90806 South Wrigley

2069 Cedar Ave, Long Beach, CA

This home is located at 2069 Cedar Ave, Long Beach, CA 90806 since 22 July 2017 and is currently estimated at $1,248,923, approximately $406 per square foot. This property was built in 1928. 2069 Cedar Ave is a home located in Los Angeles County with nearby schools including Lafayette Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

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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