Shannon Daniele
HomeSmart Realty Group
(562) 352-1142
35 Total Sales
2 in South Wrigley
$845,000 Price Range
2500 Cedar Ave Long Beach, CA 90806
South Wrigley NeighborhoodEstimated Value: $811,000 - $993,802
4
Beds
2
Baths
2,120
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Landscaped
- Front Yard
- Corner Lot
- Laundry Facilities
About This Home
As of September 2020Duplex Opportunity in Lovely Long Beach. This two story corner lot investment opportunity offers two units and is income producing with light value add potential. Quaint front, side and backyard for relaxation. Each unit has two bedrooms and one bathroom. Units have separate gas and electricity meters. Lovely stucco building with a tile roof and two car garage parking. Offers a unique opportunity for a savvy buyer to live in one and have the investment pay down the mortgage. Walkability score of 84 so this is a true selling point for potential tenants. Close to shopping and public transportation. Recently appraised and being offered well below appraised value. Please do not disturb tenants and do not walk the property. Make all offers subject to interior inspection.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 4,252 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- 2,120 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Washer and Gas Dryer Hookup
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Legal Lot and Block 24 / 1
- Assessor Parcel Number 7205004023
Community Details
Building Details
- 32 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,000
- Water Sewer Expense $720
- New Taxes Expense $6,040
- Operating Expense $7,760
- Gross Income $36,000
- Net Operating Income $30,214
Additional Features
- 2 Units
- Laundry Facilities
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
Jul 12, 2020
Closed on
Aug 14, 2020
Sold by
Isley William T
Bought by
Seller's Agent
Keisha Hosea
KASI Homes
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,951
Avg. Annual Appreciation
4.87%
Original Mortgage
$664,987
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 27, 2019
Sold by
Isley Naphar
Bought by
Isley William T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2005
Sold by
Isley Williams and Isley Barbara A
Bought by
Isley William O and Isley Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.23%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jan 17, 2003
Sold by
Isley William O and Isley Barbara A
Bought by
Isley William and Isley Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.97%
Purchase Details
Closed on
Sep 21, 1995
Sold by
Osterholt Wendy H and Poindexter Lucy E
Bought by
Young Dennis
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Wrigley, CA
-
Shannon Daniele
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
32 Total Sales
2 in South Wrigley
$865K - $900K Price Range
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in South Wrigley
$580,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
169 Total Sales
2 in South Wrigley
$670,000 Price Range
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
124 Total Sales
2 in South Wrigley
$675K - $850K Price Range
-
James McCormick
James McCormick
Real Broker
(657) 238-1775
29 Total Sales
1 in South Wrigley
$975,000 Price
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 |
|---|---|---|---|
| $680,000 | Corinthian Title Company | ||
| Isley William T | -- | Ticor Title Co Of Ca | |
| Isley William T | -- | Ticor Title Co Of Ca | |
| Isley William O | -- | First American Title Company | |
| Isley William | -- | Diversified Title & Escrow | |
| Young Dennis | $129,000 | Commonwealth Land Title Co |
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 |
|---|---|---|---|
| Previous Owner | $664,987 | ||
| Previous Owner | Isley William T | $428,000 | |
| Previous Owner | Isley William T | $420,000 | |
| Previous Owner | Isley William O | $360,000 | |
| Previous Owner | Isley William O | $270,000 | |
| Previous Owner | Isley William | $208,000 | |
| Previous Owner | Isley William | $171,585 |
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 |
|---|---|---|---|---|
| 09/29/2020 09/29/20 | Sold | $680,000 | -2.7% | $321 / Sq Ft |
| 08/13/2020 08/13/20 | Pending | -- | -- | -- |
| 07/12/2020 07/12/20 | For Sale | $699,000 | -- | $330 / 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 |
|---|---|---|---|---|
| 2026 | $9,780 | $750,773 | $331,223 | $419,550 |
| 2025 | $9,780 | $736,053 | $324,729 | $411,324 |
| 2024 | $9,353 | $721,621 | $318,362 | $403,259 |
| 2023 | $9,196 | $707,472 | $312,120 | $395,352 |
| 2022 | $8,631 | $693,600 | $306,000 | $387,600 |
| 2021 | $8,539 | $680,000 | $300,000 | $380,000 |
| 2020 | $4,113 | $306,187 | $183,340 | $122,847 |
| 2019 | $4,066 | $300,185 | $179,746 | $120,439 |
| 2018 | $3,917 | $294,300 | $176,222 | $118,078 |
| 2016 | $3,596 | $282,874 | $169,380 | $113,494 |
| 2015 | $3,456 | $278,626 | $166,836 | $111,790 |
| 2014 | $3,440 | $273,169 | $163,568 | $109,601 |
Source: Public Records
Agents Affiliated with this Home
-
Keisha Hosea
Seller's Agent in 2020
Keisha Hosea
KASI Homes
(877) 534-7421
1 in this area
15 Total Sales
-
Cody Charnell
Buyer's Agent in 2020
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
2 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG20136811
APN: 7205-004-023
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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