NOT LISTED FOR SALE

2466 Cedar Ave Long Beach, CA 90806

South Wrigley Neighborhood
6 Beds
4 Baths
6,119 Sq Ft
6,747 Sq Ft Lot

Last Sold March 20, 2014

Last sale price $1,080,000 $176 Per Sq Ft

131 Days on Market

About This Home

As of March 2014

Great unit mix consisting of (3) 3+1, (3) 2+1, (1) 1+1, (3) 0+1. Separate utility meters for both gas & electric. Property is approximately a block south of Willow Ave.

Last Agent to Sell the Property

Guido Haug

INCO Company License #00939437 Listed on: 05/15/2013

Last Buyer's Agent

William Fullerton

Newport Realty Group License #00475929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,747 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • Common Roof

Interior Spaces

  • 6,119 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 7205009009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $1,200
  • Insurance Expense $1,678
  • Maintenance Expense $5,000
  • Other Expense $3,000
  • Professional Management Expense $4,720
  • Trash Expense $820
  • Water Sewer Expense $2,575
  • New Taxes Expense $12,880
  • Gross Income $97,320
  • Net Operating Income $60,527

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4720.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 2575.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7205009009
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 176.50

Exterior Features

  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 820.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 6747.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 97320.00
  • Gross Scheduled Income: 97320.00
  • Insurance Expense: 1678.00
  • Lot Size Area: 6747.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 60527.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 33873.00
  • Operating Expense Percent: 34.81
  • Other Expense: 3000.00
  • Other Expense Description: Misc-Rsv
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12880.00
  • Tax Lot: 6
  • Tax Tract Number: Unk
  • Tax Year: 2012

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $1,080,000 -6.1% $176 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $1,150,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Guido Haug

    INCO Company

  • W

    Buyer's Agent in 2014

    William Fullerton

    Newport Realty Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13115640

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90806 South Wrigley

2466 Cedar Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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