$1,682,500
$1,850,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1425 Cedar AVE Long Beach, CA 90813
6,690 Sqft Lot
Key Details
Sold Price $1,682,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24166043
Sold Date 11/08/24
HOA Y/N No
Year Built 1953
Lot Size 6,690 Sqft
Property Description
The subject property is a 10-unit two-story walk-up style building, with 6,222 square feet. There are 8 one-bedroom/one-bath units plus
2 two-bedroom/one-bath units. All units have separate gas and electric meters. The building also contains 4 garages plus a coin-opearated on-site laundry both of which yield extra income. Great location close to middle school, shopping, public transit, close to downtown Long Beach and Beaches.This property always stays rented and is currently 100% occupied. This is an Investors dream, easy to rent and easy maintenance.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Refrigerator, Water Heater
Laundry Common Area
Exterior
Garage None, Off Site
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Gutter(s), Park, Street Lights, Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269041021
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Jeff Stearman • Keller Williams OC Coastal Realty