NOT LISTED FOR SALE

701 Cedar Ave Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $1,040,000 - $1,122,000

8 Beds
2.5 Baths
2,666 Sq Ft
$406/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2021

Last sale price $965,000 $362 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,031 / mo

4 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Living Room
  • Corner Lot
  • Walk-In Closet
  • Park

About This Home

As of August 2021

Located in the historic Wilmore District, this spacious house is a great investment opportunity for a transitional living, group home, fraternity/sorority, or other residential facility with HUGE income potential with some bedrooms oversized. Or it can be a great home for a large family. Streams of natural light fill this charming house which features an upgraded kitchen with newer cabinets, quartz countertops, and stainless steel appliances. Updated bathrooms, five year old roof, upgraded electrical, some copper plumbing, mostly new windows, and new exterior paint. There is also extra living space with 2 additional rooms upstairs for an office, den, or many other possibilities. No worries about parking with a long driveway with room for 2-3 cars. Located in the popular downtown area of Long Beach, and minutes to Pine Ave, Metro rail, freeways, shopping, Shoreline Village, Farmers market, and more! Don't miss this opportunity for a high income producing business in the beach community of Long Beach. See virtual tour https://ranchophotos.com/mls/701-cedar-ave/

Last Agent to Sell the Property

Denise Reesha

Keller Williams Pacific Estate License #01411207 Listed on: 07/03/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Kencarol Reyes

ALWAYZZ INC License #02001107

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 3,505 Sq Ft Lot
  • Corner Lot
  • Property is zoned LBPD10

Interior Spaces

  • 2,666 Sq Ft Home
  • Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1261
  • Assessor Parcel Number 7272019018

Community Details

Overview

  • No Home Owners Association
  • Willmore District Subdivision

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

3,505 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Willmore District (WM)
  • View: No
  • Zoning: LBPD10
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7272019018
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2666.00 Square Feet
  • Common Walls: No Common Walls
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 8
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 361.97
  • Room Type: Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 3505.00
  • Lot Size Acres: 0.0805

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3505.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5758.02
  • Tax Lot: 1
  • Tax Tract Number: 1261

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

Closed on
Jul 29, 2024
Sold by
Bought by
Current Estimated Value
$1,083,521

Purchase Details

Closed on
Apr 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2005
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
$399,960
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
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
$399,960
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2005
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
$399,960
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
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
$399,960
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2001
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
$190,588
Interest Rate
7.15%

Purchase Details

Closed on
Oct 13, 1997
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
$152,000
Interest Rate
4.25%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 1997
Sold by
Bought by
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
-- None Listed On Document
-- None Available
-- --
-- --
-- --
-- --
-- Stewart Title Of California
$500,000 Stewart Title Of California
-- Fidelity National Title Co
-- Fidelity National Title
-- --
$212,000 Chicago Title Insurance Co
$190,000 Fidelity National Title Ins
-- Fidelity Title
$90,000 Fidelity Title
$145,598 American Title Ins 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 $399,960
Previous Owner $190,588
Previous Owner $152,000
Closed $49,995
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
08/06/2021 08/06/21 Sold $965,000 -1.5% $362 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $980,000 -- $368 / 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 $14,152 $1,070,000 $850,000 $220,000
2024 $12,952 $1,003,986 $702,270 $301,716
2023 $12,737 $984,300 $688,500 $295,800
2022 $11,951 $965,000 $675,000 $290,000
2021 $6,567 $514,010 $360,901 $153,109
2020 $6,549 $508,741 $357,201 $151,540
2019 $6,473 $498,767 $350,198 $148,569
2018 $6,292 $488,988 $343,332 $145,656
2016 $6,008 $490,000 $330,200 $159,800
2015 $5,513 $460,000 $310,000 $150,000
2014 $5,577 $460,000 $310,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Denise Reesha

    Seller's Agent in 2021

    Denise Reesha

    Keller Williams Pacific Estate

    (562) 301-9538

    1 in this area

    55 Total Sales

    Denise Reesha
    Section Image

  • K

    Buyer's Agent in 2021

    Kencarol Reyes

    ALWAYZZ INC

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21141693

California Regional Multiple Listing Service (CRMLS)

APN: 7272-019-018

California Los Angeles County Long Beach 90802 Willmore

701 Cedar Ave, Long Beach, CA

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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