NOT LISTED FOR SALE

554 Cedar Ave Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $850,000 - $1,112,000

6 Beds
3 Baths
2,712 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2022

Last sale price $800,000 $295 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,103 / mo

36 Days on Market

Highlights

  • 0.06 Acre Lot
  • 3-minute walk to Pacific Station
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

As of August 2022

This historical Duplex is a fixer. Downstairs has been split into 2 rentals. Front right unit has 1 bedroom, 1 bathroom, living room with a non working fireplace, dining area, kitchen & storage. Front left unit has 2 bedrooms, 1 bathroom & kitchen. Upstairs has 3 Bedrooms, 1 bathroom, kitchen & living room. No garage. Great investment opportunity or a forever home. Cross reference MLS SB22104956 under Residential Income.

Last Agent to Sell the Property

Melanie Hane

Beach City Brokers License #01088943 Listed on: 05/20/2022

Beach City Brokers

Last Buyer's Agent

Zorina Reyes

HomeSmart, Evergreen Realty License #00812027

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 2,809 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 2,712 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 4 / 58
  • Tax Tract Number 575
  • Assessor Parcel Number 7280003002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

2,809 Sq Ft Lot

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: No Name
  • View: No
  • Zoning: LBPD10
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7280003002
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2712.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 294.99
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2809.00
  • Lot Size Acres: 0.0645

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2809.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 58
  • Tax Census Tract: 5759.02
  • Tax Lot: 4
  • Tax Tract Number: 575...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 30, 2022
Sold by
Elevia L Hallet Family Trust
Bought by
Mabazza Max Avon and Mabazza Christian Life
Seller's Agent
Melanie Hane
Beach City Brokers
Buyer's Agent
Zorina Reyes
HomeSmart, Evergreen Realty
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$977,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,415
Avg. Annual Appreciation
4.98%
Original Mortgage
$680,000
Outstanding Balance
$650,793
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$309,112

Purchase Details

Closed on
May 2, 2019
Sold by
Hallet Elevia L
Bought by
The Elevia L Hallet Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Mabazza Max Avon $800,000 Fidelity National Title
The Elevia L Hallet Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabazza Max Avon $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $800,000 -5.9% $295 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $850,000 -- $313 / 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 $10,624 $832,320 $541,008 $291,312
2024 $10,624 $816,000 $530,400 $285,600
2023 $10,447 $800,000 $520,000 $280,000
2022 $4,925 $373,900 $305,931 $67,969
2021 $4,814 $366,570 $299,933 $66,637
2020 $4,800 $362,812 $296,858 $65,954
2019 $4,745 $355,699 $291,038 $64,661
2018 $4,601 $348,726 $285,332 $63,394
2016 $4,219 $335,186 $274,253 $60,933
2015 $4,054 $330,152 $270,134 $60,018
2014 $4,032 $323,686 $264,843 $58,843
Source: Public Records

Agents Affiliated with this Home

  • Melanie Hane

    Seller's Agent in 2022

    Melanie Hane

    Beach City Brokers

    (310) 375-6860

    1 in this area

    29 Total Sales

    Melanie Hane
    Section Image

  • Z

    Buyer's Agent in 2022

    Zorina Reyes

    HomeSmart, Evergreen Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22107507

California Regional Multiple Listing Service (CRMLS)

APN: 7280-003-002

California Los Angeles County Long Beach 90802 West Village

554 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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