NOT LISTED FOR SALE

2101 Cedar Ave Long Beach, CA 90806

South Wrigley Neighborhood
16 Beds
16 Baths
6,388 Sq Ft
6,388 Sq Ft Lot

Last Sold September 20, 2017

Last sale price $2,102,000 $329 Per Sq Ft

99 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Carpet
  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of September 2017

Well maintained Units; Built in 1986; Newer exterior paint; New ceramic tile flooring was recently installed in kitchens and bathrooms of all units. There are 8 units with 2bedrooms and 2baths; 8-Parking Lots located on the main level below the units;and 2-two-car garages on West side of units. Beautiful wrought iron gates. All units are currently rented out with room for increase. Property is positioned on a corner lot, in a desirable established community. Close proximity to nearby shopping and dining. Great investor buy....don't miss out, this one won't last!

Last Agent to Sell the Property

Debbie Bledsoe

CENTURY 21 PRIMETIME REALTORS License #01230061 Listed on: 06/07/2017

CENTURY 21 PRIMETIME REALTORS

Last Buyer's Agent

Teresa Wang

Century Commercial RE Services License #01772547

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,388 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 8 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 6,388 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Gas Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 24
  • Tax Tract Number 5161
  • Assessor Parcel Number 7205027026

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $698
  • Gardener Expense $1,810
  • Insurance Expense $2,228
  • Trash Expense $1,010
  • Water Sewer Expense $1,010
  • New Taxes Expense $11,918
  • Operating Expense $18,674
  • Gross Income $125,700
  • Net Operating Income $107,026

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1010.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 1810.00
  • Parcel Number: 7205027026
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 329.05

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Community, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1010.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6388.00
  • Lot Size Acres: 0.1466

Rental Info

  • Garage Rental Rate: 50.00
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 698.00
  • Gross Income: 125700.00
  • Gross Scheduled Income: 125700.00
  • Insurance Expense: 2228.00
  • Lot Size Area: 6388.0000 Square Feet
  • Net Operating Income: 107026.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Range: 8
  • Operating Expense: 18674.00
  • Rent Control: No
  • Total Actual Rent: 10475.00
  • Total Expenses: 18674.00
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 11918.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 24
  • Tax Tract Number: 5161

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $2,102,000 -4.5% $329 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $2,200,000 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Debbie Bledsoe

    Seller's Agent in 2017

    Debbie Bledsoe

    CENTURY 21 PRIMETIME REALTORS

    (909) 980-6100

    14 Total Sales

    Section Image
  • Teresa Wang

    Buyer's Agent in 2017

    Teresa Wang

    Century Commercial RE Services

    (626) 500-5789

    24 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Sheng Wang

    Century 21 Care

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17128662

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90806 South Wrigley

2101 Cedar Ave, Long Beach, CA

This home is located at 2101 Cedar Ave, Long Beach, CA 90806 since 07 June 2017. This property was built in 1986. 2101 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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