NOT LISTED FOR SALE

3200 Cedar Ave Long Beach, CA 90806

North Wrigley Neighborhood

Estimated Value: $804,000 - $930,937

4 Beds
2 Baths
2,234 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2013

Last sale price $375,000 $168 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,280 / mo

4 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Hughes Middle School Rated A-

About This Home

As of March 2013

Property in fair condition, to be delivered WITH existing tenants in place. The tenants have no lease but they have been there long term and no plans of moving. Tenants are often behind on their rent with plans to get caught up.
Each unit has its own two car garage.

Last Agent to Sell the Property

Ehren Jacobs

Bang Realty -California Inc License #00898028 Listed on: 03/12/2013

Last Buyer's Agent

Ehren Jacobs

Bang Realty -California Inc License #00898028 Listed on: 03/12/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,624 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 2,234 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, trash collection
  • Tax Lot 4
  • Tax Tract Number 20534
  • Assessor Parcel Number 7204018024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $829
  • Other Expense $400
  • Professional Management Expense $2,520
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,000
  • Gross Income $3,000
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,624 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: everything
  • Professional Management Expense: 2520.00
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 7204018024
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 167.86

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6624.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Trash Collection

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 829.00
  • Lot Size Area: 6624.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 18000.00
  • Other Expense: 400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Lot: 4
  • Tax Tract Number: 20534
  • Tax Year: 2011

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
Mar 12, 2013
Closed on
Mar 20, 2013
Sold by
Bought by
Seller's Agent
Ehren Jacobs
Bang Realty -California Inc
Buyer's Agent
Ehren Jacobs
Bang Realty -California Inc
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%
Current Estimated Value
$870,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,234
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bought by

Purchase Details

Closed on
May 10, 2005
Sold by
Bought by

Purchase Details

Closed on
May 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,510
Interest Rate
0.0561%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- Fatcola
$375,000 Fatcola
-- None Available
$680,000 North American Title Co
-- Stewart Title
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
Open $497,400
Previous Owner $100,000
Previous Owner $181,510
Previous Owner $185,600
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
03/26/2013 03/26/13 Sold $375,000 +7.4% $168 / Sq Ft
03/16/2013 03/16/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $349,000 -- $156 / 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
2025 $6,457 $461,772 $221,651 $240,121
2024 $6,176 $452,718 $217,305 $235,413
2023 $6,073 $443,843 $213,045 $230,798
2022 $5,712 $435,141 $208,868 $226,273
2021 $5,591 $426,610 $204,773 $221,837
2019 $5,512 $413,958 $198,700 $215,258
2018 $5,283 $405,842 $194,804 $211,038
2016 $4,853 $390,085 $187,241 $202,844
2015 $4,662 $384,227 $184,429 $199,798
2014 $4,636 $376,702 $180,817 $195,885
Source: Public Records

Agents Affiliated with this Home

  • Ehren Jacobs

    Seller's Agent in 2013

    Ehren Jacobs

    Bang Realty -California Inc

    6 Total Sales

    Ehren Jacobs
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13043453

California Regional Multiple Listing Service (CRMLS)

APN: 7204-018-024

California Los Angeles County Long Beach 90806 North Wrigley

3200 Cedar Ave, Long Beach, CA

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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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