NOT LISTED FOR SALE

419 Cedar Ave Long Beach, CA 90802

West Village Neighborhood
6 Beds
6 Baths
4,600 Sq Ft
1910 Built

Last Sold November 21, 2017

Last sale price $1,250,000 $272 Per Sq Ft

7 Days on Market

Highlights

  • Property is near park
  • 2-minute walk to Pacific Station
  • Back Yard
  • Wood Flooring
  • No HOA

About This Home

As of November 2017

6 unit apartment building with a detached 2 car garage in the heart of Long Beach's historic Willmore District. Walking distance to shopping, Blue line, Pine Street & Shoreline Drive. The Long Beach Aquarium, Beach & Convention Center are close by. All these amenities make this a great place for tenants to live.

Last Agent to Sell the Property

Jessy Carlos

PWR Staff Listed on: 09/12/2017

Last Buyer's Agent

Andrew McAllister

eXp Realty of Greater L.A License #01946829

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Parking

  • 2 Car Garage

Home Design

  • 4,600 Sq Ft Home
  • Apartment

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Lot Details

  • Property fronts an alley
  • Two or More Common Walls
  • Back Yard

Location

  • Property is near park
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2528 / 62
  • Tax Tract Number 575902

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Gardener Expense $1,500
  • Insurance Expense $2,051
  • Maintenance Expense $3,600
  • Pest Control $648
  • Professional Management Expense $950
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $14,275
  • Operating Expense $27,954
  • Gross Income $1,080
  • Net Operating Income $43,866

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 950.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Price Per Square Foot: 271.74

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Pest Control Expense: 648.00
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Park Nearby

Rental Info

  • Garage Rental Rate: 45.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Garage Income: 90.00
  • Gross Income: 1080.00
  • Gross Scheduled Income: 71820.00
  • Insurance Expense: 2051.00
  • Maintenance Expense: 3600.00
  • Net Operating Income: 43866.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 27954.00
  • Other Expense Description: 2880
  • Rent Control: No
  • Total Actual Rent: 5985.00
  • Total Expenses: 27954.00

Tax Info

  • New Taxes Expense: 14275.00
  • Tax Block: 62
  • Tax Lot: 2528
  • Tax Tract Number: 575902
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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 Prior Sale
09/27/2024 09/27/24 For Rent $1,695 0.0% --
11/21/2017 11/21/17 Sold $1,250,000 +4.2% $272 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $1,200,000 +78.8% $261 / Sq Ft
07/11/2013 07/11/13 Sold $671,000 -18.7% $146 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $825,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $18,518 $1,422,281 $995,598 $426,683
2024 $18,518 $1,394,394 $976,077 $418,317
2023 $18,202 $1,367,054 $956,939 $410,115
2022 $17,092 $1,340,250 $938,176 $402,074
2021 $16,738 $1,313,972 $919,781 $394,191
2019 $16,498 $1,275,400 $892,500 $382,900
2018 $16,053 $1,250,400 $875,000 $375,400
2017 $9,587 $708,737 $496,434 $212,303
2016 $8,906 $694,841 $486,700 $208,141
2015 $8,560 $684,405 $479,390 $205,015
2014 $8,525 $671,000 $470,000 $201,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2017

    Andrew McAllister

    eXp Realty of Greater L.A

    (562) 423-8134

    17 Total Sales

    Andrew McAllister
    Section Image
  • Drew McAllister

    Buyer's Agent in 2017

    Drew McAllister

    Nationwide Real Estate Execs

    (562) 528-8105

    14 Total Sales

    Drew McAllister
    Section Image

  • J

    Seller's Agent in 2013

    Jeannette LePont

    The Property Specialist

    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Tony Accetta

    HomeSmart, Evergreen Realty

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,374 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17212717

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 West Village

419 Cedar Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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