Dave Shorter
David Shorter, Broker
(562) 418-5957
38 Total Sales
3 in South Wrigley
$790,000 Price Range
Estimated Value: $1,538,000 - $1,695,115
We are pleased to present 2425 Cedar Avenue, a 5-unit investment property in Long Beach, California. The property is located between Willow and Burnett Streets just off Pacific Avenue. This area is a solid majority-renter market with low vacancy rates. 2425 Cedar Avenue consists of two 2 bedroom 1 bathroom units and three 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers four single car garages plus surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 01/19/2023
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Dave Shorter
David Shorter, Broker
(562) 418-5957
38 Total Sales
3 in South Wrigley
$790,000 Price Range
Danny Umana
Keller Williams World Media Center
(747) 204-0697
64 Total Sales
1 in South Wrigley
$900,000 Price
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
46 Total Sales
1 in South Wrigley
$769,000 Price
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
137 Total Sales
1 in South Wrigley
$865,000 Price
Shannon Daniele
HomeSmart Realty Group
(562) 352-1142
35 Total Sales
2 in South Wrigley
$845,000 Price Range
Marvin Phillip
Y Realty
(562) 740-8346
32 Total Sales
2 in South Wrigley
$865K - $900K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| Takah | -- | -- | |
| Aoyama Zaisan Networks Usa Inc | $1,015,000 | Fidelity National Title Co | |
| Penn Properties Llc | $675,000 | Fidelity National Title Co | |
| Abrams Arthur J | -- | None Available | |
| Abrams Arthur J | $515,000 | -- | |
| Ctvrtlik Jeffrey M | $190,000 | Fidelity National Title Co |
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 |
|---|---|---|---|
| Closed | -- | ||
| Previous Owner | Abrams Arthur J | $336,000 | |
| Previous Owner | Ctvrtlik Jeffrey M | $142,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $1,565,000 | -2.2% | $370 / Sq Ft | |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 03/18/2023 03/18/23 | For Sale | $1,600,000 | 0.0% | $378 / Sq Ft | |
| 03/16/2023 03/16/23 | Pending | -- | -- | -- | |
| 03/07/2023 03/07/23 | For Sale | $1,600,000 | 0.0% | $378 / Sq Ft | |
| 02/26/2023 02/26/23 | Pending | -- | -- | -- | |
| 01/19/2023 01/19/23 | For Sale | $1,600,000 | +57.6% | $378 / Sq Ft | |
| 04/05/2017 04/05/17 | Sold | $1,015,000 | +2.0% | $240 / Sq Ft | View Prior Sale |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- | |
| 02/22/2017 02/22/17 | For Sale | $995,000 | +47.4% | $235 / Sq Ft | |
| 05/23/2014 05/23/14 | Sold | $675,000 | 0.0% | $160 / Sq Ft | View Prior Sale |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- | |
| 02/14/2014 02/14/14 | For Sale | $675,000 | -- | $160 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $21,850 | $1,660,789 | $610,194 | $1,050,595 |
| 2025 | $21,850 | $1,628,226 | $598,230 | $1,029,996 |
| 2024 | $20,904 | $1,596,300 | $586,500 | $1,009,800 |
| 2023 | $20,178 | $1,534,929 | $546,822 | $988,107 |
| 2022 | $18,942 | $1,504,833 | $536,100 | $968,733 |
| 2021 | $18,561 | $1,475,328 | $525,589 | $949,739 |
| 2020 | $18,513 | $1,460,201 | $520,200 | $940,001 |
| 2019 | $18,297 | $1,431,570 | $510,000 | $921,570 |
| 2018 | $17,786 | $1,403,500 | $500,000 | $903,500 |
| 2016 | $8,843 | $698,984 | $258,883 | $440,101 |
| 2015 | $8,498 | $688,486 | $254,995 | $433,491 |
| 2014 | -- | $585,707 | $266,757 | $318,950 |
Seller's Agent in 2023
Jonathan Weir
Marcus & Millichap
(310) 909-5500
1 in this area
79 Total Sales
Buyer's Agent in 2023
Victor Fonseca
Keller Williams Realty
(949) 584-0630
1 in this area
17 Total Sales
Seller's Agent in 2017
Kurt Wood
Belmont Brokerage & Mgmt. INC.
(562) 301-6763
17 Total Sales
JC
Buyer's Agent in 2017
John Chelius
Property Works RE, Inc.
(310) 722-0360
5 Total Sales
Seller's Agent in 2014
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
3 in this area
51 Total Sales
Source: The MLS
MLS Number: 23-234221
APN: 7205-010-019
Ask me questions while you tour the home.