Seller's Agent in 2023
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
(310) 613-1251
1 in this area
61 Total Sales
605 Cedar Ave Long Beach, CA 90802
West Village NeighborhoodEstimated Value: $1,438,083 - $1,813,000
8
Beds
4
Baths
3,872
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- 0.1 Acre Lot
- 4-minute walk to Pacific Station
- Rectangular Lot
- Laundry Room
About This Home
As of June 2023We are pleased to present 605 Cedar Ave, a Craftsman style 4 unit property located in the Willmore City Historic District in the North Pine neighborhood. This corner lot property boasts an impressive walk score of 94 and bike score of 88, making all that downtown Long Beach has to offer easily accessible. This property features four 2-bedroom 1-bathroom units. Each unit includes its own laundry room, hardwood floors and an updated kitchen and bathroom. Close access to Downtown, The Pike, Civic Center Project, Queen Mary Island Development, Aquarium of the Pacific, and the beach allows tenants to enjoy everything Long Beach has to offer.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01936451 Listed on: 03/17/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 4,501 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- 3,872 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Legal Lot and Block 28 / 38
- Tax Tract Number 5759
- Assessor Parcel Number 7272022019
- $832 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Fuel Expense $100
- Insurance Expense $2,129
- Trash Expense $100
- Water Sewer Expense $100
- Operating Expense $299,359
- Gross Income $103,440
- Net Operating Income $70,978
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2023
Closed on
Jun 6, 2023
Sold by
Lewis Daryl and Lewis Kimberly
Bought by
John Avila And Dolores Mendez Trust
Seller's Agent
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Dolores C. Marquez
Intero Real Estate Services
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%
Views
132
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
$97,723
Avg. Annual Appreciation
4.74%
Original Mortgage
$475,000
Outstanding Balance
$462,391
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$1,200,380
Purchase Details
Closed on
Feb 28, 2007
Sold by
Lewis Daryl
Bought by
Lewis Daryl and Lewis Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2005
Sold by
Lewis Kimberly
Bought by
Lewis Darryl and Lewis Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2003
Sold by
Magdaleno Ruben
Bought by
Ramirez Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.76%
Purchase Details
Closed on
Jun 19, 2002
Sold by
Magdaleno Blanca
Bought by
Magdaleno Ruben
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
May 22, 2002
Sold by
Manufactured & Traders Trust Company
Bought by
Magdaleno Ruben
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 26, 2002
Sold by
Girley Dorothy Jean
Bought by
Alta Real Estate Services Inc
Purchase Details
Closed on
May 7, 2001
Sold by
Girley Dorothy Jean
Bought by
Galue Faatasi Inc
Purchase Details
Closed on
Aug 5, 1998
Sold by
Wilshire Funding Corp
Bought by
Bao Bao Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,350
Interest Rate
6.93%
Purchase Details
Closed on
Jul 27, 1998
Sold by
Bao Bao
Bought by
Girley Dorothy Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,350
Interest Rate
6.93%
Purchase Details
Closed on
May 8, 1998
Sold by
Gomez Jose Elias
Bought by
Wilshire Funding Corp
Purchase Details
Closed on
Apr 22, 1997
Sold by
South Western Associates Inc
Bought by
Gomez Jose Elias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,269
Interest Rate
7.98%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 10, 1997
Sold by
Holcomb William L
Bought by
South Western Associates Inc and South Central Investment
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,269
Interest Rate
7.98%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 3, 1995
Sold by
Lundin Ariel
Bought by
Sampson Thomas A and Sampson Jeanne A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John Avila And Dolores Mendez Trust | $1,475,000 | First American Title | |
| Lewis Daryl | -- | Commonwealth Land Title Co | |
| Lewis Darryl | -- | -- | |
| Ramirez Shawn | $355,000 | Gateway Title Company | |
| Magdaleno Ruben | -- | First American Title Ins Co | |
| Magdaleno Ruben | $235,000 | First American Title Ins Co | |
| Alta Real Estate Services Inc | $190,028 | First American Title Co | |
| Galue Faatasi Inc | -- | -- | |
| Bao Bao Corp | $167,000 | Benefit Land Title Company | |
| Girley Dorothy Jean | $310,000 | Fidelity National Title Co | |
| Wilshire Funding Corp | $126,000 | Benefit Land Title Ins Co | |
| Gomez Jose Elias | $310,000 | Commonwealth Title Co | |
| South Western Associates Inc | $155,000 | Commonwealth Title | |
| Sampson Thomas A | -- | Commonwealth Title | |
| Sampson Thomas A | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | John Avila And Dolores Mendez Trust | $475,000 | |
| Previous Owner | Lewis Daryl | $720,000 | |
| Previous Owner | Lewis Darryl | $525,000 | |
| Previous Owner | Ramirez Shawn | $284,000 | |
| Previous Owner | Magdaleno Ruben | $235,000 | |
| Previous Owner | Bao Bao Corp | $182,350 | |
| Previous Owner | Girley Dorothy Jean | $217,000 | |
| Previous Owner | Gomez Jose Elias | $296,269 | |
| Previous Owner | Sampson Thomas A | $296,269 | |
| Closed | Girley Dorothy Jean | $77,500 | |
| Closed | Magdaleno Ruben | $20,000 | |
| Closed | Ramirez Shawn | $70,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $1,475,000 | -1.6% | $381 / Sq Ft |
| 05/03/2023 05/03/23 | Price Changed | $1,499,000 | -3.3% | $387 / Sq Ft |
| 03/17/2023 03/17/23 | For Sale | $1,550,000 | 0.0% | $400 / Sq Ft |
| 08/20/2016 08/20/16 | Rented | $1,291 | -21.8% | -- |
| 07/09/2016 07/09/16 | Under Contract | -- | -- | -- |
| 04/09/2016 04/09/16 | Price Changed | $1,650 | +3.1% | $0 / Sq Ft |
| 03/11/2016 03/11/16 | For Rent | $1,600 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,539 | $1,534,590 | $936,360 | $598,230 |
| 2024 | $19,539 | $1,504,500 | $918,000 | $586,500 |
| 2023 | $8,000 | $573,948 | $237,777 | $336,171 |
| 2022 | $7,523 | $562,695 | $233,115 | $329,580 |
| 2021 | $7,352 | $551,663 | $228,545 | $323,118 |
| 2019 | $7,247 | $535,302 | $221,767 | $313,535 |
| 2018 | $7,030 | $524,807 | $217,419 | $307,388 |
| 2016 | $6,455 | $504,429 | $208,977 | $295,452 |
| 2015 | $6,205 | $496,853 | $205,838 | $291,015 |
| 2014 | $6,177 | $487,121 | $201,806 | $285,315 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Zahn
-
Dolores C. Marquez
Buyer's Agent in 2023
Dolores C. Marquez
Intero Real Estate Services
(831) 902-5414
1 in this area
57 Total Sales
-
Val Murphy
V
Seller's Agent in 2016
Val Murphy
LADERA REALTY
(310) 850-0345
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23044529
APN: 7272-022-019
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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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