Long Beach, CA 90813,1497 Cedar AVE
Long Beach, CA 90813,1497 Cedar AVE
Long Beach, CA 90813,1497 Cedar AVE
Long Beach, CA 90813,1497 Cedar AVE
Long Beach, CA 90813,1497 Cedar AVE
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$1,407,000

$1,450,000

3.0%
Est.Price: ?

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Est. payment /mo

3,520 SqFt


SOLD DATE : 10/25/2021

Key Details

Sold Price $1,407,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $399

Subdivision Westside/South Of Willow (Wsw)

MLS Listing ID SB21165750

Sold Date 10/25/21

HOA Y/N No

Year Built 1941

Lot Size 7,553 Sqft

Acres 0.1734

Property Description

Excellent Upside Potential!! Clean 6-Unit Building Across the Street From Washington Middle School. Five 1-Bedroom and One 2-Bedroom Units in 2 buildings.. Five Garages in Back of Property.
Excellent Rental Area With 20% Upside in Most Rents. Laundry Room Area In Back of Front Building--Set Up Your Own Laundry For Additional Income!
Only 14.77 X Actual Income and 13 X Pro Forma.

Location

State CA

County Los Angeles

Area 11 - Westside

Zoning LBR4N

Rooms

Ensuite Laundry CommonArea, ElectricDryerHookup, GasDryerHookup, LaundryRoom

Interior

Laundry Location CommonArea,ElectricDryerHookup,GasDryerHookup,LaundryRoom

Cooling WallWindowUnits

Fireplace No

Appliance GasOven

Laundry CommonArea, ElectricDryerHookup, GasDryerHookup, LaundryRoom

Exterior

Garage DirectAccess, Garage, GarageFacesRear

Garage Spaces 5.0

Garage Description 5.0

Fence Security, WroughtIron

Pool None

Community Features Curbs, StormDrains, Sidewalks

View Y/N No

View None

Parking Type DirectAccess, Garage, GarageFacesRear

Total Parking Spaces 5

Private Pool No

Building

Lot Description FrontYard, Lawn, Landscaped, NearPublicTransit, StreetLevel

Story 2

Entry Level MultiSplit

Sewer PublicSewer

Water Public

Level or Stories MultiSplit

New Construction No

Others

Senior Community No

Tax ID 7269041006

Acceptable Financing CashtoNewLoan

Listing Terms CashtoNewLoan

Financing TrustDeed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cris Molles • The Realestate Group
Bought with Ajith Puthanpurayil • LAX Realty, Inc.

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"REAL" Barkley-Romero

CEO | DRE# SA695240000 | DRE# 02100184

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