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Long Beach, CA 90813 1526 Cedar Avenue

$1,650,000

1526 Cedar Avenue Long Beach, Ca - Image 11526 Cedar Avenue Long Beach, Ca - Image 21526 Cedar Avenue Long Beach, Ca - Image 3
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1526 Cedar Avenue Long Beach, Ca - Image 41526 Cedar Avenue Long Beach, Ca - Image 5
Presented By: Jack Bliss with J & P Realty; 310-418-7528
  • MLS# SB23196241
  • 10/25/2023
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  • BedBeds • 42
  • BathBaths • 6
  • FootageSQFT • 4,464
  • GarageGarage • 4

Home Details

Back units need some work. Great starter units for handy investor. The third building has four detached garages and one parking space. Great upsides potential in the area. Building has character. Some units have laundry hookups. Located near the mass transit line on Pacific Coast Metro and the Anaheim Station A lines. The property is a short distance to the historic Pine Avenue., bike trail, churches, schools, restaurants brewery and Rainbow Harbor. Located on a 7733 square foot lot. If you drive the area you can see that it is improving. The analysis is a wild guess of the expenses and gross income
Presented By: Jack Bliss with J & P Realty; 310-418-7528

Interior Features for 1526 Cedar Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1526 Cedar Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Suburban, Sidewalks
CoolingNone
CountyLos Angeles
Days on Market54
DirectionsPCH TO CEDAR (N)
ElectricStandard
Energy EfficientThermostat
Entry Locationfront
Garage Spaces4.0
Garage Y/NYes
Gross Income124800.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet7735.0
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense698.0
MobileHomeRemainsYNNo
Net Operating Income82260.0
New ConstructionNo
Operating Expense43680.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCedar
Subdivision NameDowntown (DT)
Tax Lot19
Taxes$1,829
Tenant PaysElectricity, Gas, ParkingFee, Telephone
Total Units6
Trash Expense328.0
UtilitiesElectricityConnected, NaturalGasAvailable
View Y/NNo
Walk Score86
Water Sewer Expense145.0
Waterfront Y/NNo
Year Built1926
Year Built SourcePublicRecords
ZoningLBR4N

Exterior for 1526 Cedar Avenue

Building Area Total4464.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.1776
Lot Size Area7735.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,650,000
MLS#SB23196241
List Date 10/25/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors